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509 Vermont Street NE
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509 Vermont Street NE
509 Vermont Street NE
509 Vermont Street NE
509 Vermont Street NE
509 Vermont Street NE
509 Vermont Street NE
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509 Vermont Street NE

Albuquerque, NM 87108

$299,900
5 bd • 3 ba • 2,142 sqft • 0.16 acres
1 Story
Stories
$140
Per SQFT
1945
Year Built
03/10/2026
Listing Date
1099625
Listing #
87108
Zip Code

About This Property

Excellent investment opportunity in a highly central location! This well-maintained triplex offers strong rental income and a versatile unit mix, making it a great addition to any investor's portfolio. The property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with the lower-level unit located in the basement and offering its own private entrance for added privacy and convenience. The property is currently generating $3,966 in total monthly rental income, providing immediate cash flow.Unit Details:* Unit A: 2 Bed / 1 Bath - $1,460/month - 1-year lease beginning 3/1/2026* Unit B: 2 Bed / 1 Bath - $1,300/month - Month-to-month tenant (18 months occupancy)* Unit C: 1 Bed / 1 Bath - $1,206/month - Lease through 10/31/2026

Interior

Bathrooms Total: 3
Appliances: Free-Standing Gas Range, Refrigerator
Flooring: Carpet, Tile
Basement: Finished

Building And Construction

Property Type: Residential Income
Property Sub Type: Triplex
Property Sub Type Additional: Triplex
Building Area Total: 2,142 sqft
Year Built: 1945
Construction Materials: Frame, Stucco
Below Grade Finished Area: 600 sqft
Levels: One
Number Of Units Total: 3
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 6,752 sqft

Provisional

MLS #: 1099625
Listing Terms: Cash, Conventional, FHA, VA Loan
Number Of Buildings: 1
Owner Pays: Common Area Maintenance, Electricity, Gas, Sewer, Trash Collection, Water
Total Actual Rent: 3966

Area And Schools

Community Features: Laundry Facilities
City: Albuquerque
Postal Code: 87108
MLS Area Major: Fairgrounds
Subdivision: Mesa Verde Addition
County: Bernalillo
Parcel Number: 101905744034710516

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Wall Furnace
Heating (Y/N): Yes

Location

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Directions: Head east on Lomas Blvd. Turn right on Utah St, turn left on Marquette Ave, then right on Vermont. Property will be on your right.

Mortgage Calculator

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** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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Listing courtesy of MORE Realty, Inc
Southwest MLS Logo 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.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550