BEDS8
BATHS
SQUARE FEET3,240
MLS#1113103
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Live in one unit and let the other three help pay your mortgage! This Albuquerque fourplex offers practical features that stand out to renters. Combination refrigerated-air and furnace systems installed approximately five years ago make seasonal changeovers simple, while in-unit washers and dryers add everyday convenience and rental appeal.Qualified owner-occupant buyers can explore FHA financing with as little as 3.5% down and use eligible rental income from the other three units to help qualify for the loan. HUD's FY2027 Albuquerque two-bedroom Fair Market Rent of $1,384 per month provides a benchmark for evaluating rental potential. This figure includes utilities; actual rents and voucher approvals vary.An opportunity to grow your rental portfolio or combine homeownership with rental income. Financing is subject to lender approval, property eligibility, and FHA's fourplex self-sufficiency requirements.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Refrigerated
Heating: Central, Forced Air
Lot Size: 0.19 Acres
Stories: 2.0
Taxes: $2,967
Year Built: 1979
Feature Descriptions
Accessibility: None
Days on Site: 2
Flooring: See Remarks
Laundry: Washer Hookup, Dryer Hookup, In Unit
Parcel#: 101606045017940909
Units: 4
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: New Mexico Realty Advisors
Agency Phone: (505) 615-0202
Shown By
Agent Name: Michael Tolzmann
Agent Phone: (505) 234-6453
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 1,578.87 per month $1,177.32 Principal & Interest $247.25 Property Tax $154.29 Homeowner's InsuranceChange Payment Information
Michael Tolzmann
Cell: (505) 234-6453
Email Me
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3509 Tulane Drive Ne | MLS# 1113103
This multi-family property located at 3509 Tulane Drive Ne, Albuquerque, NM 87107 is currently listed for sale with an asking price of $529,000. Search Albuquerque real estate on mtolzmann.cblegacy.com today.