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Listed price in listed location currency (USD).
$360,000

440

MLS® 1099819

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 3060 sqft
Garage No
Taxes $2,165
Days Active 13
Lot Size 0.17 acres
Approx. Age 1956
Avg. Price Per Sqft $117
MLS® Number 1099819

Property Address: 123 General Arnold St Ne, Albuquerque, NM, 87123-2557

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

Description

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.
MLS® Number1099819
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1956
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 13, 2026List Date
$360,000List Price

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