2110 LEAD AVE SE Active Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87106
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,432 sqft
Price per Sqft $230
MLS Listing ID 1072240
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1936
Annual Tax Amount $3,710
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property 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!
Location
State NM
County Bernalillo
Area 42 - Unm South
Rooms
Basement Interior Entry, Unfinished
Interior
Heating Central, Ductless, Forced Air, Floor Furnace
Cooling Ductless, Evaporative Cooling, E N E R G Y S T A R Qualified Equipment, Varies by Unit
Flooring Concrete, Tile, Wood
Fireplaces Type Option
Fireplace No
Appliance Dryer,Refrigerator,Range Hood,Washer
Exterior
Exterior Feature Landscaping
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Accessibility None
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101505748117341719
Security Features Security Gate
Acceptable Financing Cash,Conventional,FHA
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA