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401 Vermont Street NE

Albuquerque, NM 87108
  • $435,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 1064875
New On Site 3 Days Ago
UPDATED: 91 min ago
$435,000
  • 1
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $161
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1157, $799, $799, and $799 with one under renewal 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, newer roof, and newer 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!Drive-bys only, please do not disturb tenants. Showings are available after accepted contract.

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2024-06-14T22:05:23.82.
www.metrohomesearch.com/homes/151530571
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401 Vermont Street NE Albuquerque, NM 87108

  • Price: $435,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 91 min ago
  • MLS #: 1064875
1
Beds
1
Baths
0
½ Baths
0.16
Acres
2,700
SQFT
$161
$/SQFT
Neighborhood:
70 - Fairgrounds
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1157, $799, $799, and $799 with one under renewal 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, newer roof, and newer 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!Drive-bys only, please do not disturb tenants. Showings are available after accepted contract.
Exterior Features

Construction Materials Brick Concrete Stucco Exterior Features Lighting Levels One

Interior Features

Appliances Disposal Refrigerator Range Hood Basement YN No Cooling Evaporative Cooling Ceiling Fans Cooling YN Yes Fireplace Features Option Flooring Laminate Vinyl Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fans

Property Features

Accessibility Features None Builder Name Unknown Building Area Total 2700 Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VALoan New Construction YN No Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 3400 Tenant Pays Electricity Gas Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of EA Property Management: (505) 750-0255. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2024-06-14T22:05:23.82.
 
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Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109