Multi Family homes for sale & real estate in 87106, NM

Multi Family Home for sale in 87106, NM:

Rare single story 4 unit property with many updates including new tubs, vanities, toilets, and tile. Units feature upgraded tile and luxury vinyl flooring, all-new energy-efficient double-pane windows and sliding doors. Unit C includes a new 2025 HVAC heating/refrigerated cooling combo. Individual water shut-off valves added for kitchens, baths, and laundry. Amenities include dusk-to-dawn parking-lot lighting, 6 total parking spaces, private yards for each unit, garbage disposals, and washer/dryer hookups in both 2-bedroom units.

Multi Family Home for sale in 87106, NM:

Exceptional 4plex offers an immediate, low-management cash flow stream with significant upside potential. 100% Occupancy with stable, reliable tenants who have expressed a strong desire to remain. Current rents are below market, providing an achievable rent increase strategy to boost the Cap Rate and overall ROI. Structured as tenant-paid utilities, minimizing landlord operating expenses and maximizing NOI. New sewer lines and a durable TPO membrane roof. Each unit offers highly desirable features including a small backyard and dedicated off-street parking, enhancing tenant retention. Strategically positioned near major economic and entertainment hubs with easy access to I-40. Showings will

Multi Family Home for sale in 87106, NM:

A rare find for investors or owner-occupants, this fourplex is a turnkey investment, with all units occupied and under lease agreements. Set on a large lot with ample parking, the property is designed for both tenant satisfaction and owner convenience. Every spacious unit is equipped with a full suite of kitchen appliances--gas stove, refrigerator, dishwasher, and microwave--along with the desirable feature of in-unit laundry hookups. This is a hassle-free opportunity to acquire a cash-flowing asset in a stable market. Each unit is individually metered for gas and electric.

Multi Family Home for sale in 87106, NM:

Fantastic investment opportunity! This well-maintained triplex offers two occupied rental units and one available for owner-occupancy or additional income potential. Each unit features its own washer and dryer, providing convenience and added tenant appeal. The property offers spacious living areas, functional kitchens, and private entrances for each unit. Ideal for investors or owner-occupants seeking steady rental income. Located near schools, shopping, and commuter routes, this triplex combines comfort and practicality with strong rental history and long-term potential. A rare find that's ready to start generating income from day one! ''Subject to seller's 1031 exchange; no cost to buyer

Multi Family Home for sale in 87106, NM:

Turnkey 12-Unit Investment Property - Fully Upgraded & Energy Efficient! This well-maintained 12-unit property is a rare find, offering strong rental income with room for growth! Major capital improvements already completed including mini splits in each unit and the addition of an 80 gal electric water heater. Entire building has had an electrical upgrade and has been converted to electric appliances- new owner could potentially add solar to minimize utility bills. With room for rent increases, this is a fantastic opportunity for investors seeking a turnkey, high-efficiency building with strong cash flow potential. Contact your favorite Realtor for more details!