401 Vermont Street Ne, Albuquerque, NM 87108
Local realty services provided by:ERA Summit
401 Vermont Street Ne,Albuquerque, NM 87108
$389,000
- 1 Beds
- 1 Baths
- 2,719 sq. ft.
- Multi-family
- Active
Listed by: venturi realty group
Office: real broker, llc.
MLS#:1094694
Source:NM_SWMLS
Price summary
- Price:$389,000
- Price per sq. ft.:$143.07
About this home
Exceptional 4plex offers an immediate, low-management cash flow stream with significant upside potential. 100% Occupancy with stable, reliable tenants who have expressed a strong desire to remain. Current rents are below market, providing an achievable rent increase strategy to boost the Cap Rate and overall ROI. Structured as tenant-paid utilities, minimizing landlord operating expenses and maximizing NOI. New sewer lines and a durable TPO membrane roof. Each unit offers highly desirable features including a small backyard and dedicated off-street parking, enhancing tenant retention. Strategically positioned near major economic and entertainment hubs with easy access to I-40. Showings will only be scheduled after an executed purchase agreement, and are subject to tenant availability.
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Home facts
- Year built:1958
- Listing ID #:1094694
- Added:1 day(s) ago
- Updated:November 19, 2025 at 01:42 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Living area:2,719 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1958
- Building area:2,719 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$389,000
- Price per sq. ft.:$143.07
- Tax amount:$3,457
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