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USANMAlbuquerqueN/a1040-1030-1040 Truman St Se
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1040-1030-1040 Truman St Se, Albuquerque, NM

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,500,000

1110

MLS® 1094437

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $10,387
Days Active 36
Lot Size 0.59 acres
Approx. Age 1952
MLS® Number 1094437

Property Address: 1040-1030-1040 Truman St Se, Albuquerque, NM, 87108-3566

Average square foot calculated using Size range provided by listing agent.

Description

The unit mix offers valuable diversity, with 3 two-bedroom/one-bathroom and 3 one-bedroom/one-bathroom units at 1030 Truman -- complete with private garages -- and an additional 3 units at 1040 Truman, including one 1-bedroom/1-bathroom and two 2-bedroom/1-bathroom apartments. The buildings are situated on spacious lots with mature landscaping, wrought iron security, and private courtyard areas that enhance curb appeal and resident livability.The projected gross income of $139, 200 annually, adjusted for a 5% vacancy to $132, 240, with estimated operating expenses of $37, 361, yielding a pro forma NOI of $94, 879. At the asking price of $1, 500, 000, the property offers a projected cap rate of 6.33% with a before-tax IRR of 17.41% .
MLS® Number1094437
Laundry LevelWasher Hookup, Dryer Hookup, In Unit
Central VacNo
FireplaceNo
Acreage0.59
Exterior
GarageNo
Approx. Age1952
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 14, 2025List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1030-1040 Truman St Se, Albuquerque, NM

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