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Listing 21 out of 1,981
$329,990 New For Sale

139 & 143 General Arnold Street NE
Albuquerque, NM 87123

8 units | Multi Family Home
14810 sq ft - MLS# 931188
Property Photo
1/7

Description

Kyle Berkshire of T&C Management and Brokerage brings to the market a great opportunity to acquire Two 4-Plexes with a shared courtyard in a high occupancy area of NE Albuquerque. All 8 units include tile throughout, and large courtyard for activities and landscaping. Current Financial Analysis indicates an 8% Cap rate at below market rents. Contact Kyle today for more Info!

DIRECTIONS: From Central And Wyoming, East On Central, Left/North On General Arnold, Property On Right

Features

  • Property Type: Multi Family Home
  • Sub Type: 8 Units
  • Listing Status: Active
  • County/Area: Bernalillo County
  • Zip Code: 87123
  • Year Built: 1956
  • Age: 61 - 70
  • Sq.Ft.: 6,120 sq ft
  • Stories: 1
  • Units: 8 units
  • # of Parking Spaces: 1.50
  • Lot Size: 14810 sq ft
  • Zoning: MX-T*
  • 5+ Units: Yes
  • Amenities: Balconies/Deck, Outside Lights, Security Gate, Some Landscaping, Walled Complex
  • Appliances included: Fan/Hood, Frestnd Elec Stv/Ovn, Refrigerator
  • Builder: Unkown
  • Construction: Frame
  • Cooling: Evaporative
  • Exterior Material: Brick Veneer, Stucco
  • Flooring: Tile
  • Heating: Gas
  • Lot SqFt: 15002
  • Metering: Individual Electric, Individual Gas
  • Miscellaneous Info: No Sign, Package
  • Operating Expenses: Call Listing Broker
  • Owner Pays: Sewer, Trash Removal, Water
  • Parking: 1.5 Spaces Per Unit
  • Roof: Pitched, Shingle
  • Tenant Pays: Electric, Gas
  • Total # of Buildings: 2
  • Unit 1: 1, 1-Bed, 1-Bath
  • Unit 2: 1, 1-Bed, 1-Bath
  • Unit 3: 3, 1-Bed, 1-Bath
  • Unit 4: 3, 1-Bed, 1-Bath
  • Unit Summary: Annualized: 48360
  • Unit Summary: Average Actual Rent: 503.75
  • Unit Summary: Average Unit Size: 725
  • Unit Summary: Total Actual Rent: 4030
  • Unit Summary: Total Units: 8
  • Utilities: All City
Courtesy of T & C Management, Llc, Kyle J Berkshire, (505) 268-1181

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Doug Cowan

Doug Cowan

NMSL#16748
Cowan & Associates, Realtors®
Las Cruces, NM 88012

505-259-6983
Contact Me

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