2110 Lead Avenue Se Albuquerque, NM 87106

3 Units
Property Type: Triplex
Status: Active
Year Built: 1936
Days on Website: 44

Courtesy of Simply Real Estate.

Description

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. 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. 1 of the 3 units was built in 2023!

Open House

Property Details and Features

  • Description: Dryer,Refrigerator,RangeHood,Washer
  • Description: InteriorEntry,Unfinished
  • Total Bathrooms: 2
  • Area: 2432
  • Building Area: 2432
  • Construction Materials: Frame,Stucco
  • Levels: One
  • Year Built: 1936
  • Year Built Details: 1936 - Main House1980 - Casita 2023 - Middle Unit
  • Details: Ductless,EvaporativeCooling,EnergyStarQualifiedEquipment,VariesByUnit
  • Features: Landscaping
  • Flooring: Concrete,Tile,Wood
  • Heating: Central,Ductless,ForcedAir,FloorFurnace
  • Days on Market: 32
  • Listing Price: 560000
  • Status: Active
  • Address: 2110 LEAD Avenue SE
  • Area: 42 - UNM South
  • City: Albuquerque
  • State: NM
  • Zip: 87106
  • County: Bernalillo
  • Directions: Head South on I-25. Exit the Coal/Lead corridor heading East on Coal. Turn left on Buena Vista. Turn left on Lead. Home will be on the left.
  • Acres: 0.16
  • Size: 0
  • Size Source: PublicRecords
  • Parking Total: 4
  • Utilities: CableConnected,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected