$299,900

509 Vermont Street NE, Albuquerque, NM 87108

  • 5 beds |
  • 3 baths |
  • 2,142 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $140/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Excellent investment opportunity in a highly central location! This well-maintained triplex offers strong rental income and a versatile unit mix, making it a great addition to any investor's portfolio. The property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with the lower-level unit located in the basement and offering its own private entrance for added privacy and convenience. The property is currently generating $3,966 in total monthly rental income, providing immediate cash flow.Unit Details:* Unit A: 2 Bed / 1 Bath - $1,460/month - 1-year lease beginning 3/1/2026* Unit B: 2 Bed / 1 Bath - $1,300/month - Month-to-month tenant (18 months occupancy)* Unit C: 1 Bed / 1 Bath - $1,206/month - Lease through 10/31/2026

Listing Status:
Active
Date Added:
March 10, 2026
Data Last Updated:
April 2, 2026 at 2:20PM
Listing Office:
MORE Realty, Inc : (505) 333-9522
Listing Agent:
Tahir Gauba : (505) 610-1893
MLS ID:
1099625
  • Appliances: Free-Standing Gas RangeRefrigerator
  • Basement: Finished
  • Flooring: CarpetTile
  • A/C: Evaporative Cooling
  • Heating: Wall Furnace
  • Disability Feature: None
  • Eco/Green Feature: None
  • General: FrameStucco1
  • Originating MLS: SWMLS_SWMLS
  • County: Bernalillo
  • Zoning: 101905744034710516
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Source: SWMLS_SWMLS

This listing courtesy of Tahir Gauba , MORE Realty, Inc

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

La Mesa Elementary School

7500 Copper Ave NE, Albuquerque, NM, 87108

Grades PK-5

0.53 miles away

H

Hayes Dual Language Magnet Middle School

1100 Texas St NE, Albuquerque, NM, 87110

Grades 6-8

0.53 miles away

G

Gilbert L Sena Charter High School

69 Hotel Cir NE, Albuquerque, NM, 87123

Grades 9-12

1.55 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.

Similar Listing

816 Ortiz Drive SE, Albuquerque, NM 87108
Triplex For Sale

$342,000

  • 5 bed |
  • 3 bath |
  • 2,470 sqft |
816 Ortiz Drive SE Albuquerque, NM 87108

#1095131 - Realty One of New Mexico