38 photos
$300,000
216 57th St NW
Albuquerque, NM 87105
J&S Real Estate, Keller Williams Realty · (505) 688-4983
What the listing says
Nice income producing triplex with owner financing available through assumable contract with low interest rate and payment. All units currently vacant, so you can choose your own tenants from the start. All units remodeled in 2023. Gas and electricity are separately metered. New sewer line was installed this summer at a cost of over $50K. Unit C is incomplete due to sewer line replacement. Being sold as is. Bonus 2nd lot already owned free and clear and conveys with purchase.
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
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Questions about owner financing in Albuquerque
What is owner financing for 216 57th St NW?
Owner financing means the seller of 216 57th St NW 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.