520 NE First Street, Carlsbad, NM 88220
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
520 NE First Street,Carlsbad, NM 88220
$1,200,000
- - Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:kerri fowler
Office:century 21 dunagan associates
MLS#:20255733
Source:NM_RANM
Price summary
- Price:$1,200,000
About this home
Excellent multi-family investment potential exists at the newer constructed 4 plex unit, currently functioning as a highly in demand, short term rental. In each unit of this impressive property are 3 bedrooms, 2 bathrooms, laundry facilities and tasteful furnishings, creating desirability in each unit. Modern, high-end fixtures finish out each unit nicely. Recorded high occupancy rates and documented rental income make this property appealing. The listing price indicates a 10% CAP rate. Explore this investment opportunity today!
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Home facts
- Year built:2024
- Listing ID #:20255733
- Added:1 day(s) ago
- Updated:October 03, 2025 at 04:25 PM
Rooms and interior
- Total bathrooms:2
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Electric
- Heating:Electric, FORCED AIR
Structure and exterior
- Roof:Pitched, Shingle
- Year built:2024
- Lot area:0.23 Acres
Utilities
- Water:Water-City
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,200,000
- Tax amount:$9,832 (2025)
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