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.
For sale
$389,000
401 Vermont St NE, Albuquerque, NM 87108
5beds
4baths
2,719sqft
Est.:
Quadruplex, Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$143/sqft
$-- HOA
What's special
Dedicated off-street parkingDurable tpo membrane roofSmall backyard
- 22 hours |
- 58 |
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