BEDS5
BATHS
SQUARE FEET2,142
MLS#1099625
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMesa Verde Addition
Property Description
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
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Evaporative Cooling
Heating: Wall Furnace
Lot Size: 0.16 Acres
Stories: 1.0
Taxes: $3,070
Year Built: 1945
Feature Descriptions
Accessibility: None
Appliances: Free-Standing Gas Range, Refrigerator
Community Features: Laundry Facilities
Days on Site: 17
Exterior: Frame, Stucco
Flooring: Carpet, Tile
Parcel#: 101905744034710516
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: MORE Realty, Inc
Agency Phone: (505) 333-9522
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 828-1000
Estimate Your Payment
Estimated Payment
$ 1,010.75 per month $667.45 Principal & Interest $255.83 Property Tax $87.47 Homeowner's InsuranceChange Payment Information
Top REALTORS® in this Area
Casey Landis
From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable,
trustworthy, and committed realtor.
— Gregory Howell
— Gregory Howell
509 Vermont Street Ne | MLS# 1099625
This multi-family property located at 509 Vermont Street Ne, Albuquerque, NM 87108 is currently listed for sale with an asking price of $299,900. Search Albuquerque real estate on www.cblegacy.com today.