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123 General Arnold Street Ne, Albuquerque, NM 87123

$360,000
  • 123 General Arnold Street Ne, Albuquerque, NM 87123 Main Photo

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BEDS4 BATHS SQUARE FEET3,060 MLS#1099819
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDennison Add

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.

123 General Arnold Street Ne | MLS# 1099819

This multi-family property located at 123 General Arnold Street Ne, Albuquerque, NM 87123 is currently listed for sale with an asking price of $360,000. Search Albuquerque real estate on shill.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Forced Air
Lot Size: 0.17 Acres
Stories: 1.0
Taxes: $2,164
Year Built: 1956

Feature Descriptions

Appliances: Free-Standing Electric Range, Refrigerator
Days on Site: 14
Flooring: See Remarks
Parcel#: 102005708208030909
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: Keyway Properties, Inc
Agency Phone: (505) 903-2040

Shown By

Agent Name: Sarah Hill
Agent Phone: (505) 259-4933
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 1,086.54 per month $801.20 Principal & Interest $180.33 Property Tax $105.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/28/2026. The listing information on this page last changed on 03/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/28/2026 12:05:38 AM EST) or SWMLS (last updated Fri 03/27/2026 10:55:57 PM EST) or Santa Fe MLS (last updated Fri 03/27/2026 11:13:58 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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