630 SE Alcazar Street Albuquerque, NM 87108
Apartment
MLS #: 202500784
Courtesy Of Real Estate Advisors, LLC
Property InformationDescription
Welcome to 630-632 Alcazar St SE, a well maintained 8-unit property in the Southeast neighborhood of Albuquerque. This complex, originally constructed in 1971, has a track record of consistent occupancy and hassle-free management, making it an ideal investment opportunity.
Each of the eight units is separately metered for gas and electric. Water is master metered, and tenants are billed back for utility overages exceeding $100 per month.
Recent upgrades include a roof replacement in 2020 and new exterior paint in 2023. Additionally, ceramic tile flooring has been installed in the living rooms, kitchens, and bathrooms, offering durability and easy maintenance.
Additional income can be generated by upgrading the on-site laundry room and storage units.
Don't miss the opportunity to own a well-maintained, income-generating property with a proven track record of success. 630-632 Alcazar St SE is poised to provide both steady returns and long-term appreciation.
7.5% Cap Rate on in-place income
New Roof
New Exterior Paint
Tile Floors
6, 2 Bedroom Units
Speratley metered Electric and Gas.
Additional Income can be made with on-site laundry room. Laundry room already in place, it just needs a washer and dryer.
Each of the eight units is separately metered for gas and electric. Water is master metered, and tenants are billed back for utility overages exceeding $100 per month.
Recent upgrades include a roof replacement in 2020 and new exterior paint in 2023. Additionally, ceramic tile flooring has been installed in the living rooms, kitchens, and bathrooms, offering durability and easy maintenance.
Additional income can be generated by upgrading the on-site laundry room and storage units.
Don't miss the opportunity to own a well-maintained, income-generating property with a proven track record of success. 630-632 Alcazar St SE is poised to provide both steady returns and long-term appreciation.
7.5% Cap Rate on in-place income
New Roof
New Exterior Paint
Tile Floors
6, 2 Bedroom Units
Speratley metered Electric and Gas.
Additional Income can be made with on-site laundry room. Laundry room already in place, it just needs a washer and dryer.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Evaporative
- Lot Size: 0.31 Acres
MAP & DIRECTIONS
School Information
630 SE Alcazar Street, Albuquerque, NM 87108
Elementary School
Grades PK-5 |
Public School
EMERSON ELEMENTARY SCHOOL
Albuquerque, NM 87108
620 Georgia St SE
505.255.9091
Distance: 0.2 mi
School Rating
D-
Student:Teacher Ratio
13:1
Total Students
400
Middle School
Grades 6-8 |
Public School
VAN BUREN MIDDLE SCHOOL
Albuquerque, NM 87108
700 Louisiana Blvd SE
505.268.3833
Distance: 0.1 mi
School Rating
C
Student:Teacher Ratio
17:1
Total Students
531
High School
Grades 9-12 |
Public School
HIGHLAND HIGH SCHOOL
Albuquerque, NM 87108
4700 Coal Ave SE
505.265.3711
Distance: 1.5 mi
School Rating
D+
Student:Teacher Ratio
15:1
Total Students
1147
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Holy Ghost Catholic School | 0.7 mi | Private | PK-8 | |
| Wherry Elementary School | 0.8 mi | Public | PK-5 | F |
| Wilson Middle School | 0.8 mi | Public | 6-8 | C- |
| La Mesa Elementary School | 0.9 mi | Public | PK-5 | D+ |
| Sandia Base Elementary School | 1.1 mi | Public | KG-5 | C- |
| Cesar Chavez Community School | 1.1 mi | Public | 9-12 | F |
| Whittier Elementary School | 1.2 mi | Public | PK-5 | C- |
| Our Lady Of The Assumption Catholic School | 1.4 mi | Private | PK-8 | |
| Highland Autism Center | 1.5 mi | Public | PK-12 | |
| Hawthorne Elementary School | 1.7 mi | Public | PK-5 | C- |
| Hayes Dual Language Magnet Middle School | 1.7 mi | Public | 6-8 | D+ |
| Coral Community Charter | 1.7 mi | Public | PK-8 | |
| Alice King Community School | 1.7 mi | Public | KG-8 | B- |
| Media Arts Collaborative Charter | 1.8 mi | Public | 6-12 | B- |
| Salam Academy | 1.8 mi | Private | PK-12 | |
| Salam Academy | 1.8 mi | Private | PK-12 | |
| Mark Twain Elementary School | 1.8 mi | Public | PK-5 | C- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Albuquerque, NM 87108
| Median Age: | 39.6 |
|---|---|
| Married: | 21% |
| Number of Households: | 17,031 |
| Households with Children: | 21.1% |
Albuquerque, NM 87108
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
