2110 LEAD Avenue SE, Albuquerque NM 87106

$560,000

2110 LEAD Avenue SE, Albuquerque, NM 87106

bedrooms

bathrooms

square feet

2,432

Acreage

0.16

Open Houses

year built

1936

Full Baths

Half Baths

Find out more

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 and the cap rate is 6.53%. 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. New roof on back unit (12/24) and new gas stove at front house (11/2024). 1 of the 3 units was built in 2023!

Location
Subdivision	-
County	Bernalillo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Kirsten R Marino, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 1072240

Listing agent: Kirsten R Marino #54787

Listing broker: Simply Real Estate Nm Inc (505) 259-2415

Last update: Sunday, February 23 2025 at 7:51 p.m. EST

Kotohomes National