1424 Arenal Road SW
Albuquerque, NM 87105
- 3 beds
- 3 baths
- 1,838 sqft
- ~3/4 acre lot
- $146 per sqft
- 1940 build
- – on site
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Great investment opportunity in the South Valley! Seller has updated both units with mini-split systems. Seller also hired an architect to design plans to build 14 units on this lot. There is an irrigation well on the property. The larger house has a lease that is up 7/31/22 and will go month to month after. The small house is on a lease that is month to month. Potential for new owner to live in one unit while earning passive income on the second unit. Owner financing may be possible with 25% down
Listing courtesy of SWMLS / Simply Real Estate
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Last updated May 8, 2024
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MLS# 1017409 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/1/22
Sep 1, 2022
|
Sold | SWMLS | $269,000 |