123 General Arnold Street
Albuquerque, NM 87123
4
Bed
4
Bath
3,060Sqft
0.17Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 -
Flooring Information
See Remarks -
Interior Features
Appliances: Free-Standing Electric Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1956 Building Area Total: 3060 Stories: 1 Private Pool: No
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Lot Information
Lot Size Acres: 0.17 Lot Size Source: Public Records Lot Size Square Feet: 7492Property Information
Subdivision: Dennison Add Source Property Type: Residential Income Postal Code Plus 4: 2557 Zoning Description: MX-T* Property SubType: Multi Family Levels: One Property Age: 70
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Listing Price Information
Listing Price: $360000 Cash, Conventional, FHA
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Tax Information
Parcel Number: 102005708208030909 Annual Tax: $2164.98
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: Located nearest the intersection of Wyoming and Central
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 24 Matisse Road, Albuquerque, NM, 87123 | $1,249,000 | 7 | 6 | 8,134 | 8,134 SqFt |
| 12708 Copper Avenue, Albuquerque, NM, 87123 | $225,000 | 2 | 1 | 2,200 | 2,200 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 19:24
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