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$389,000
5 Beds
4 Baths
2,719sqft
401 Vermont St Ne, Albuquerque, NM 87108
$389,000
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Quadruplex
Built in 1958
$-- HOA
6,752 sqft lot
$143/sq.ft
Description
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 ...
Continue Reading- Houzeo last checked: 46 Minutes ago
- Listing updated: November 20, 2025 at 2:06 pm
- Listing Provided by: Venturi Realty Group (505) 448-8888 | Real Broker, LLC (505) 448-8888
- Source: Greater Albuquerque AOR (SWMLS) MLS-NV | MLS#: 1094694
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
2,719 sqft
Lot Size
6,752 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1094694
MLS Status
Active
Days on Market
30
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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