401 Vermont Street NE, Albuquerque, NM 87108

$435,000
1
BD
1
BA
2,700
SqFt
List Price
$435,000
MLS#
1064875
Property Type
Multifamily
Bedrooms
1
Bathrooms
1
Sqft. of Residence
2,700
Lot Size
6,969
Region
Fairgrounds
Status
ACTIVE

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, newer furnaces 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!Drive-bys only, please do not disturb tenants. Showings are available after accepted contract.

Additional Information

County
Bernalillo
Acres
0.16
Interior Features
Ceiling Fan(s)
Exterior Features
Lighting
Appliances
Disposal, Refrigerator, Range Hood
Construction
Brick, Concrete, Stucco
Cooling
Evaporative Cooling, Ceiling Fan(s)
Flooring
Laminate, Vinyl
Heating
Wall Furnace
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning
R-ML*

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of EA Property Management.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.