3509 Tulane Drive NE, Albuquerque, NM 87107

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.