• 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

Amenities

  • AmenitiesOwners Unit
  • Parking1.5 Spaces Per Unit

Utilities

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

Interior

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

Appliances

Refrigerator, Frestnd Gas Stv/Ovn

Exterior

  • ConstructionFrame

Roof

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

Additional Information

  • Date ListedOctober 22nd, 2019
  • Days on Market24
  • ZoningSU-2, R-1A*
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on November 16th, 2019 at 3:13pm MST.