For sale
  • $389,000

    401 Vermont St NE, Albuquerque, NM 87108

    5beds
    4baths
    2,719sqft
    : 
    Quadruplex, Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Dedicated off-street parkingDurable tpo membrane roofSmall backyard
    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.
    22 hours
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