$430,000
Listed on Aug 27, 2026
2 bds · 1 ba · 2,700 sqft
510 Mesilla Street SE 1-4, Albuquerque, 87108
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(505) 521 8550
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401 Vermont Street NE
Albuquerque, NM 87108
This property is not for sale.
Sold on 01.08.2026 for $389,000
1
Bed
1
Bath
2,719
SqFt Home
1
Story
1958
Year Built
6,970
SqFt Lot
About this property
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… Show more
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.
Property details for 401 Vermont Street NE
Interior
Bathrooms Total:
1
Fireplace Features:
Option
Appliances:
Free-Standing Gas Range, Disposal, Refrigerator, Range Hood
Flooring:
Laminate, Vinyl
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,970 sqft
Exterior Features:
Lighting, Patio
Patio And Porch Features:
Patio
Building and construction
Property Type:
Residential Income
Property Sub Type:
Quadruplex
Property Sub Type Additional:
Quadruplex
Building Area Total:
2,719 sqft
Year Built:
1958
Levels:
One
Number Of Units Total:
4
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1094694
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
1
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Electricity, Gas
Area and schools
Community Features:
Patio
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Fairgrounds
Subdivision:
Mesa Verde Addition
County:
Bernalillo
Parcel Number:
101905743827110502
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Wall Furnace
Heating (Y/N):
Yes
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401 Vermont Street NE Albuquerque, NM 87108 listed as MLS #1094694.
This 1 bedroom 2,719 sqft Residential Income built in 1958 located in Albuquerque NM 87108.
401 Vermont Street NE was sold for $389,000 as MLS #1094694.
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personal, non-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
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