3509 Tulane DR NE, Albuquerque, NM 87107
Listed by New Mexico Realty Advisors
$529,000
Est. payment /mo
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8 Beds
4 Baths
3,240 SqFt
New

3509 Tulane DR NE Albuquerque, NM 87107

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Jeff Rose

Jeff Rose

+1(505) 205-4175

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,240 sqft

Price per Sqft $163

MLS Listing ID 1113103

Bedrooms 8

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $2,967

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions Public Records

Property Sub-Type Quadruplex

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.

Location

State NM

County Bernalillo

Area 41 - Uptown

Interior

Heating Central, Forced Air

Cooling Refrigerated

Flooring See Remarks

Fireplace No

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Accessibility None

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 101606045017940909

Acceptable Financing Cash, Conventional, FHA, Owner May Carry

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, Owner May Carry

Southwest MLS (SWMLS IDX Plus)
Nearby Locations

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Jeff Rose

Jeff Rose

License ID: 17279

+1(505) 205-4175

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3509 Tulane DR NE