104 McCutcheon Ave W, Socorro NM29 photos
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Owner finance

$139,000

104 McCutcheon Ave W

Socorro, NM 87801

Beds5
Baths4
Sq ft2,495
Year built1900
Listed by

Marjorie K Martin, Coldwell Banker Legacy · (505) 301-7215

What the listing says

Great investment opportunity !!! Property is being sold in as-is condition. galvanized water pipes in apartments need replacement. Owner financing available with minimum $40,000 down. Property includes 3 - 1 bedroom 1 bath apartments, mobile home with 2 bedrooms 1 bath and two RV spots with utility hookups. Mobile Home will convey by bill of sale and title transfer between seller and buyer.

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

HOA

None

More owner-financed homes near Socorro

Questions about owner financing in Socorro

What is owner financing for 104 McCutcheon Ave W?

Owner financing means the seller of 104 McCutcheon Ave W 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 Socorro, 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 Socorro home?

There is no standard down payment. The seller of this Socorro home sets their own, and it is negotiable. Ask the seller or their agent.

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