BEDS2
BATHS
SQUARE FEET3,852
MLS#1099257
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRecent replat see listing broker
Property Description
2129 Edna NW presents a rare opportunity to acquire a six-unit multifamily property in immediate proximity to Albuquerque's historic Old Town Plaza. This walkable infill location places the asset steps from over 100 retail and restaurant establishments, as well as Sawmill Market, museums, and major cultural amenities.The property consists of six one-bedroom units totaling approximately 3,850 square feet on A+/-0.19 acres. It is being offered at $351,204, representing an attractive basis of approximately $58,500 per unit within a highly desirable submarket.The asset has been family-held for decades and requires substantial renovation. Current average rents are approximately $638 per unit, producing a modest in-place return. However, the investment thesis centers on repositioning.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling, Multi Units
Heating: Central
Lot Size: 0.44 Acres
Stories: 1.0
Taxes: $614
Year Built: 1930
Feature Descriptions
Accessibility: None
Appliances: Refrigerator
Community Features: Storage Facilities
Days on Site: 23
Exterior: Stucco
Flooring: Carpet, Vinyl
Parcel#: 101305806636021289
Units: 6
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: NM Apartment Advisors, Inc.
Agency Phone: (505) 440-8633
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 828-1000
Estimate Your Payment
Estimated Payment
$ 935.23 per month $781.63 Principal & Interest $51.17 Property Tax $102.43 Homeowner's InsuranceChange Payment Information
Top REALTORS® in this Area
Casey Landis
From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable,
trustworthy, and committed realtor.
— Gregory Howell
— Gregory Howell
Ashly Jaramillo
I had an excellent experience working with Ashly. I would recommend her to anyone that is in the process of buying a home.— Martha Edwards
— Martha Edwards
2129 Edna Avenue Nw | MLS# 1099257
This multi-family property located at 2129 Edna Avenue Nw, Albuquerque, NM 87104 is currently listed for sale with an asking price of $351,204. Search Albuquerque real estate on www.cblegacy.com today.