2110 Lead Ave SE, Albuquerque, NM 87106

This is a rare opportunity to own a well-maintained triplex in one of Albuquerque's most sought-after rental areas. Perfect for both new and seasoned investors looking to capitalize on the high-demand rental market near UNM. It has an impressive rental history and less than 3% vacancy rate over the last six years which is an excellent indicator of stability and continued profitability. At the ask price of $560,000, the GRM is 11.18 and the cap rate is 6.53%. Each home is a freestanding building with no shared walls. Each is equipped with a private yard, a washer and dryer, newer double paned windows, and assigned parking. Mainline sewer replaced in 2023. New roof on back unit (12/24) and new gas stove at front house (11/2024). 1 of the 3 units was built in 2023!