121 Arno Street SE, Albuquerque, NM 87102

$248,000
2
BD
1
BA
714
SqFt

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List Price
$248,000
Status
ACTIVE
MLS#
1110402
Property Type
Detached
Bedrooms
2
Bathrooms
1
Living Area
714
Lot Size
7,668
Region
Downtown Area

Property Description

Downtown-Adjacent Home on an Oversized LotOpportunity knocks at this 2-bedroom, 1-bath home just steps from Downtown Albuquerque, sited on an oversized corner lot with roughly 100 feet of frontage and 142 feet of depth a single combined legal parcel that's substantially larger than a typical in-town lot.Inside, the home features beautifully refinished original hardwood floors and a covered front porch solid bones with genuine character. But the real value here is the land. A lot this size, this close to downtown, is increasingly hard to find offering serious potential for expansion, an ADU, additional parking, or long-term appreciation as the downtown corridor continues to grow.Investment Highlights:- Single combined lot: Lot 6 plus the south 4' of Lot 5, Block 9, Huning Highland Addition- Approx. 100' of frontage and 142' of lot depth well beyond typical in-town parcels- Corner location with alley access at the rear- Zone X flood designation (not in a 100-year flood hazard area)- Walking distance to downtown dining, breweries, entertainment, and the Rail Trail- Strong rental fundamentals given proximity to downtown employment and nightlifeWhether you're an owner-occupant looking to put down roots downtown or an investor eyeing land value and rental upside, this property offers flexibility that's tough to match at this price point.

Additional Information

County
Bernalillo
Acres
0.18
Interior Features
Main Level Primary
Exterior Features
Private Yard
Construction
Frame, Stucco
Cooling
Evaporative Cooling
Flooring
Wood
Heating
Wall Furnace
Roof
Flat, Pitched
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Water
Public
Elementary School
Eugene Field
Middle School
Jefferson
High School
Albuquerque

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Calculator source: Real Geeks

Listing courtesy of Morenus Real Estate.

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-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.