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520 NE First Street Units A, B, C & D, Carlsbad, NM 88220

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For Sale

$1,200,000

12 beds • 8 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 2024
    Year built

  • 1-5 Years Old
    Age

Explore this Property

Excellent multi-family investment potential exists at the newer constructed 4 plex unit, currently functioning as a highly in demand, short term rental. In each unit of this impressive property are 3 bedrooms, 2 bathrooms, laundry facilities and tasteful furnishings, creating desirability in each unit. Modern, high-end fixtures finish out each unit nicely. Recorded high occupancy rates and documented rental income make this property appealing. The listing price indicates a 10% CAP rate. Explore this investment opportunity today!
MLS# 20255733

Listed By CENTURY 21 Dunagan Associates

Property Features

  • Age
    1-5 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
  • Basement
    Slab Foundation
  • Body of Water
    Reservoir, River
  • Cooling
    Central A/C - Electric
  • Exterior Description
    Wood Frame, Stucco
  • Exterior Living Space
    Patio
  • Flooring
    Luxury Vinyl
  • General
    Ceiling Fan(s)
  • Heating - Fuel Type
    Electric
  • Heating Type
    Forced Air
  • Lot Description
    Access Type - Road, Level
  • Lot Size
    Under 1/2 Acre, 0.23 Acres
  • Road Type
    City / Town Street
  • Roof
    Asphalt Shingle Roof
  • Sewer
    City
  • Style
    1 Level Ranch
  • Water
    City Water

Map and Directions

Directions to 520 NE First Street Units A, B, C & D, Carlsbad, NM 88220

Home seller CENTURY 21 Dunagan Associates

Get to know the neighborhood. A local affiliated CENTURY 21 team will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dunagan Associates

Kerri Fowler
Veronica Methola

(575) 234-1516
Learn More About Us

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Monthly Payment Breakdown

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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.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.