37 photos
$409,000
163 Riverside Dr SW
Albuquerque, NM 87105
The owner (for sale by owner, no agent). Contact the owner through the original listing.
What the listing says
Triplex for sale possible owner finance with good down oac. Measurements are estimates. Separately metered for gas and electric. Exceptional income property opportunity. Superb location. Close to I-25, UNM Stadiums, Isotopes/NM United Stadium, UNM, Downtown, Airport, Hospitals, Restaurants, and more. Well taken care of tri-plex boasting recent new ROOFS Charming Southwest Albuquerque neighborhood At the RIO Grande river!!. Brand NEW pitched roof on the front duplex! contact. The front is a duplex with a "granny" 1br apartment in the back. Always rented. Great cap rate on below figures. Pro Forma Gross market scheduled Income $1250/unit X 3 units Tax $1,400/yr insurance $750/yr utilities $1,200/ yr. (water and trash) Well-Maintained. Fresh Paint in Owner's Unit. (2) 2-Bedrooms (1) 1 Bedroom / 1 Bath House / Casita with New Stove, New Refrigerator and Large Backyard (plenty of space for dog to run around)! Great Investment Opportunity! . On the west side of the Rio Grande River.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi_family
Lot Size
8,276 sq ft
HOA
None
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Questions about owner financing in Albuquerque
What is owner financing for 163 Riverside Dr SW?
Owner financing means the seller of 163 Riverside Dr SW acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Albuquerque, NM home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Albuquerque home?
There is no standard down payment. The seller of this Albuquerque home sets their own, and it is negotiable. Ask the seller or their agent.