2110 LEAD AVENUE SE
Albuquerque, NM 87106
2432 sqft | 2 beds | 0.16 acres | #1072240
Description
This is a rare opportunity to own a well-maintained triplex in one of Albuquerque's most sought-after rental areas. Perfect for both new and seasoned investors looking to capitalize on the high-demand rental market near UNM. It has an impressive rental history and less than 3% vacancy rate over the last six years which is an excellent indicator of stability and continued profitability. At the ask price of $560,000, the GRM is 11.18. Each home is a freestanding building with no shared walls. Each is equipped with a private yard, a washer and dryer, newer double paned windows, and assigned parking. Mainline sewer replaced in 2023. 1 of the 3 units was built in 2023!
Property Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
- BasementInteriorEntry, Unfinished
- Property TypeMulti-Family
- Exterior MaterialsLandscaping
- CountyBernalillo
- Original List Price$560,000
- MLS #1072240
- Property SubtypeTriplex
- MLS #1072240
- Taxes Annual$3,710
- Cost560000
- Acres0.16
- Square Feet2432
- Year Built1936
- Bedrooms2
- Stories1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: SWMLS
Listing Courtesy
Listing Agent: Kirsten R Marino (#kmarino)
Listing Office: Simply Real Estate (#SIMP01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
