Active
12709 SINGING ARROW Avenue SE
Albuquerque NM, 87123
$415,000
$131.00 per sqft
Active
2 Beds
1 Bath
3,168 sqft
Multi-family
Built in 1978
Courtesy of Rhino Realty Property Mgmt LLC
Exceptional 4-Unit Multifamily Investment Opportunity in the Singing Arrow neighborhood! Each of the four units has two bedrooms and one bath with approximately 800 square feet of living space. Property has evaporative cooling, on-site laundry facilities, and off-street parking. This asset is selling at a 6.9% cap rate, with a total monthly rental income of $3,798 when fully leased. Currently, Unit D is vacant, while two tenants remain on month-to-month leases, allowing for flexible rental strategies. With its solid financials, and operational upside, this multifamily asset is ideal for both seasoned investors and those looking to expand their portfolio.
1079101
MLSⓇ ID
February 28, 2025
Listed
February 28, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
1
Appliances
Cooktop, Refrigerator, Range Hood
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Evaporative Cooling
Heating
Yes
Heating Description
Central, Forced Air, Hot Water
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Landscaping
Other Property Details
Area Name
71 - Southeast Heights
Taxes
$3,452
Tax Frequency
Annually
Accessibility
None
Garage
No
Parking Total
4
View
No
County
Bernalillo
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green Building Features
Green Features
None
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