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Listed by EA Property Management

$414,999

Est. payment - /mo

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1 Bed

1 Bath

2,700 SqFt

Price Dropped by $8K

401 Vermont ST NE Albuquerque, NM 87108

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

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Evan Fraley

evan@gobignm.com +1(505) 312-4554

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $153

MLS Listing ID 1064875

Bedrooms 1

Construction Status Resale

HOA Y/N No

Annual Tax Amount $3,400

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Other

Property Sub-Type Quadruplex

Property Description

Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1157, $799, and $799 with one recently renewed 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, with newer roof and 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!Showings only permitted with offer.

Location

State NM

County Bernalillo

Area 70 - Fairgrounds

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Evaporative Cooling, Ceiling Fan(s)

Flooring Laminate, Vinyl

Fireplaces Type Option

Fireplace No

Appliance Disposal, Refrigerator, Range Hood

Exterior

Exterior Feature Lighting

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Accessibility None

Building

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905743827110502

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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Evan Fraley

Realtor | License ID: 54480

+1(505) 312-4554

401 Vermont ST NE Albuquerque, NM 87108

Evan Fraley

Key Details

Location

Interior

Exterior

Building

Others

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401 Vermont ST NE