123 General Arnold St NE, Albuquerque, NM 87123
- Beds
- 4
- Baths
- 4
- Sqft
- 3,060
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Overview
This four-unit apartment building offers a strong investment opportunity with a current 9.24% cap rate at full asking price. The property features four residential 1 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow. Do NOT disturb tenants. Walkthrough will not be permitted until Earnest Money is delivered to Title. Property is sold in AS IS Condition.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Number of bedrooms
- 4
- Number of bathrooms
- 4
- Square feet
- 3,060
- Lot size (acres)
- 0.17
- Year built
- 1956
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Forced Air
- Cooling
- Evaporative Cooling
Taxes
- Tax Annual Amount
- $2,164.98
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Southwest MLS (Greater Albuquerque Association of REALTORS) MLS®#: 1099819 Last checked: …

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