$389,000

401 Vermont Street NE, Albuquerque, NM 87108

  • 1 bed |
  • 1 bath |
  • 2,719 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $143/sqft
  • Property List Date Icon Listed 1 month ago

Property 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 I-40. Showings will only be scheduled after an executed purchase agreement, and are subject to tenant availability.

Listing Status:
Active
Date Added:
November 18, 2025 at 06:00AM
Listing Office:
Real Broker, LLC : (505) 448-8888
Listing Agent:
Venturi Realty Group : (505) 448-8888
MLS ID:
1094694
  • Appliances: Free-Standing Gas RangeDisposalRefrigeratorRange Hood
  • Flooring: LaminateVinyl
  • A/C: Evaporative Cooling
  • Heating: Wall Furnace
  • Fireplace: Option
  • Disability Feature: None
  • Eco/Green Feature: None
  • General: LightingPatio
  • Other Structures: Patio
  • General: 1
  • Originating MLS: SWMLS_SWMLS
  • County: Bernalillo
  • Zoning: * 047 028MESA VERDE L47 & 48101905743827110502
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Source: SWMLS_SWMLS

This listing courtesy of Venturi Realty Group, Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

La Mesa Elementary School

7500 Copper Ave NE, Albuquerque, NM, 87108

Grades PK-5

0.49 miles away

H

Hayes Dual Language Magnet Middle School

1100 Texas St NE, Albuquerque, NM, 87110

Grades 6-8

0.68 miles away

G

Gilbert L Sena Charter High School

69 Hotel Cir NE, Albuquerque, NM, 87123

Grades 9-12

1.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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