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123 General Arnold Street Ne, Albuquerque, NM 87123

Albuquerque
Local realty services provided by:CENTURY 21 Champions, Inc.
123 General Arnold Street Ne,Albuquerque, NM 87123
$350,000
  • 4 Beds
  • 4 Baths
  • 3,060 sq. ft.
  • Multi-family
  • Active
Listed by: angelo mora
Office: keyway properties, inc
MLS#:1099819
Source:NM_SWMLS

Price summary

  • Price:$350,000
  • Price per sq. ft.:$114.38

About this home

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.

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Home facts

  • Year built:1956
  • Subdivision & Development:Dennison Add
  • Listing ID #:1099819
  • Added:139 day(s) ago
  • Updated:July 29, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Kitchen Description:Free Standing Electric Range, Refrigerator
  • Living area:3,060 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air

Structure and exterior

  • Year built:1956
  • Building area:3,060 sq. ft.
  • Lot area:0.17 Acres
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$114.38
  • Tax amount:$2,165

Features and amenities

  • Appliances:Refrigerator

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