Marjorie Martin
REALTOR®
BEDS5
BATHS
SQUARE FEET2,142
MLS#1099625
STATUSPending
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: 46
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
Agent Name: Marjorie Martin
Agent Phone: (505) 301-7215
Agency Title: Coldwell Banker Legacy
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
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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 mmartin.cblegacy.com today.