BEDS6
BATHS
SQUARE FEET3,191
MLS#1095527
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTowner Add
Property Description
Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comps. Each unit is separately metered for gas and electric. Close to employment, transit, and amenities, this location supports steady demand and market-rate rent growth. A great price for $34,214 NOI--ideal for investors seeking reliable cash flow with low day-to-day involvement.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: Wall Furnace
Lot Size: 0.24 Acres
Stories: 1.0
Taxes: $2,181
Year Built: 1946
Feature Descriptions
Accessibility: None
Appliances: Free-Standing Gas Range, Range Hood
Days on Site: 127
Exterior: Block, Frame
Flooring: Carpet, Tile, Vinyl
Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Parcel#: 101405927228422138
Units: 6
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: Weichert, Realtors Image
Agency Phone: (505) 365-6721
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 828-1000
Estimate Your Payment
Estimated Payment
$ 1,603.99 per month $1,257.45 Principal & Interest $181.75 Property Tax $164.79 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
426 Towner Avenue Nw | MLS# 1095527
This multi-family property located at 426 Towner Avenue Nw, Albuquerque, NM 87102 is currently listed for sale with an asking price of $565,000. Search Albuquerque real estate on www.cblegacy.com today.