Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Prime Real Estate
Property view
Listing view 2
Listing view 3

520 NE First Street, 
Carlsbad, NM 88220

$1,200,000

—

Bed

2

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Kerri Fowler

, 

Veronica Methola

Century 21 Dunagan Associates

575-234-1516

Last updated:

October 3, 2025, 04:25 PM

MLS#

20255733

Source:

NM RANM

About This Home

520 NE First Street

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!

Home Facts

Multi-Family

2 Baths

Built in 2024

Price Summary

1,200,000

MLS #:

20255733

Last Updated:

October 3, 2025, 04:25 PM

Added:

7 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

2

Structure

Structure

Year Built:

2024

Lot

Lot Size (Sq. Ft):

9,919

Finances & Disclosures

Finances

Price:

$1,200,000

Source:NM RANM
The information being provided by Realtor Association of New Mexico is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Realtor Association of New Mexico All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.