401 Vermont Street Ne Albuquerque, NM 87108

4 Units
Property Type: Quadruplex
Status: Active
Days on Website: 164

Courtesy of EA Property Management.

Description

Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1157, $799, and $799 with one recently renewed for $925. Property has a 7-9% cap rate. Rents should be able to be increased. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: MAJORITY of the units are Freshly painted with a lot of money put in!! Includes all the appliances. Sewer line recently replaced, with newer roof and hot-water heaters. EACH comes with its OWN BACKYARD, and designated parking. The Area: You won't believe the area as it's right next to the Eubank Center, The Downs Casino, Uptown Plaza, and in fact, it is a short distance to an I-40 entrance/ exit!Showings only permitted with offer.

Open House

Property Details and Features

  • Description: Disposal,Refrigerator,RangeHood
  • Total Bathrooms: 1
  • Area: 2700
  • Building Area: 2700
  • Construction Materials: Brick,Concrete,Stucco
  • Levels: One
  • Details: EvaporativeCooling,CeilingFans
  • Features: Lighting
  • Flooring: Laminate,Vinyl
  • Heating: WallFurnace
  • Days on Market: 154
  • Listing Price: 414999
  • Status: Active
  • Address: 401 Vermont Street NE
  • Area: 70 - Fairgrounds
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Directions: Alternate address is 8311, 8313, 8315, 8317 Copper Ave NE
  • Acres: 0.16
  • Size: 0
  • Size Source: Estimated
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected