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401 Vermont Street Ne, Albuquerque, NM 87108

Local realty services provided by:CENTURY 21 Camco Realty
401 Vermont Street Ne,Albuquerque, NM 87108
$389,000
  • 1 Beds
  • 1 Baths
  • 2,719 sq. ft.
  • Multi-family
  • Active
Listed by: david w wedding
Office: real broker, llc.
MLS#:1094694
Source:NM_SWMLS

Price summary

  • Price:$389,000
  • Price per sq. ft.:$143.07

About this home

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.

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Home facts

  • Year built:1958
  • Listing ID #:1094694
  • Added:71 day(s) ago
  • Updated:January 29, 2026 at 04:10 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Living area:2,719 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1958
  • Building area:2,719 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$389,000
  • Price per sq. ft.:$143.07
  • Tax amount:$3,457

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