• MLS® #: 956496
  • 1720 Arno Street Se
  • Albuquerque, NM 87102
  • $215,000
  • 4229 SqFt, 0.16 Acres
  • Residential Income
  • Office: Ps Properties

Amazing Cap and Estimated Performance with Tons of Value Add and Room for Rent IncreasesCapitalization Rate 8.33% | Annual Cash Flow Before Taxes $7,765 | Annual Cash Flow After Taxes $6,001Total Future Wealth after 7 years $96,664 | Cash on Cash 18.06% | Equity Build-up (year 1) $2,900 6.74%After Tax Rate of Return 12.27% | Before Tax Rate of Return 17.53%Property is being listed as both 4 or 5 Units Main House was split and can be converted back to a 3 Bedroom 2 Bath detached home or the property can remain 5 Units. Seller is willing to negotiate a conversion into to the purchase based on buyers financing needs.Currently the property is 5 Units - $2525 Gross Rent - Potential Rent of $2900 Per Month

Essential Information

  • MLS® #956496
  • Price$215,000
  • Square Footage4,229
  • Acres0.16
  • Year Built1936
  • TypeResidential Income
  • Sub-Type5 Units
  • StatusActive

Community Information

  • Address1720 Arno Street Se
  • Area90 - Near South Valley
  • CityAlbuquerque
  • CountyBernalillo
  • StateNM
  • Zip Code87102


  • AmenitiesOwners Unit
  • Parking1.5 Spaces Per Unit


Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected


  • HeatingWall Unit
  • CoolingEvaporative
  • # of Stories1
  • Stories1 Story


Refrigerator, Frestnd Gas Stv/Ovn


  • ConstructionFrame


Flat, Pitched, Shingle, Tar/Crushed Rock, TPO (G)

Additional Information

  • Date ListedOctober 22nd, 2019
  • Days on Market24
  • ZoningSU-2, R-1A*
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Listing information last updated on November 16th, 2019 at 3:13pm MST.