15 photos
$370,000
540 Ortiz Dr SE
Albuquerque, NM 87108
Truc M Do, MORE Realty, Inc · (505) 730-8499
What the listing says
Great investment opportunity just 10 minutes from UNM and Nob Hill! This property features 2-bedroom, 1-bathroom units, individually metered for gas and electricity. Vacant units need some TLC, offering value-add potential to improve rental income and property value. Shares a courtyard with 538 Ortiz (MLS 1112703 ), creating an excellent opportunity for a combined investment. Seller prefers to sell both properties together. Owner financing may be available. Please do not disturb tenants. Contact the listing agent for showing access.
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 540 Ortiz Dr SE?
Owner financing means the seller of 540 Ortiz Dr SE 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.