$360,000

123 General Arnold Street NE, Albuquerque, NM 87123

  • 4 beds |
  • 4 baths |
  • 3,060 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $118/sqft
  • Property List Date Icon Listed 4 months ago

Property 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.

Listing Status:
Active
Date Added:
March 13, 2026
Data Last Updated:
July 5, 2026 at 7:18AM
Listing Office:
Keyway Properties, Inc : (505) 903-2040
Listing Agent:
Angelo Mora : (505) 903-2040
MLS ID:
1099819
  • Appliances: Free-Standing Electric RangeRefrigerator
  • Flooring: See Remarks
  • A/C: Evaporative Cooling
  • Heating: Forced Air
  • Eco/Green Feature: None
  • General: 1
  • Originating MLS: SWMLS_SWMLS
  • County: Bernalillo
  • Zoning: 102005708208030909
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Source: SWMLS_SWMLS

This listing courtesy of Angelo Mora , Keyway Properties, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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