1508 Edith Boulevard NE

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1508 Edith Boulevard NE

Albuquerque, NM 87102
Asking Price
$1.38M
Cap Rate
8.8%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

1508 Edith Boulevard NE, Albuquerque, NM 87102 <ul><li>​1506 Edith Blvd NE – Copper Casita</li><li>​1BR | 1BA | 534 SF | Current Rent: $1,475</li><li>​Stand-alone adobe home with downtown views</li><li>​Spacious private courtyard with storage shed</li><li>​Parking directly in front + additional optional parking</li><li>​Doggie door with direct courtyard access</li><li>​Eat-in kitchen with dinette set included</li><li>​Newer stainless refrigerator</li><li>​Bathroom with built-in shelving and tub/shower</li><li>​Original Saltillo tile flooring

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NOI
$80,000
Cap Rate
5.82%
DSCR
0.98
Underwater
Cash-on-Cash
-0.40%
Monthly Payment
$6,802.75
Annual Cash Flow
$-1,632.997

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