720 School

$1,400,000

1 of 74

720 School

$1,400,000

Contact Presenting Broker

    Kelly Allen

    505.603.9161

    kelly allen

    Key Features

    • MLS: 202600611
    • Status: Active
    • Price: $1,400,000
    • Area: 31-Espanola
    • Type: Apartment
    • Acres: 0.56

    About this Property

    Incredible 7-unit investment opportunity in the heart of Espaola's desirable westside neighborhood, nestledbetween the Rio Grande River and the Plaza. 720 School Street is fully occupied and has been extensivelyremodeled, offering a rare turnkey multifamily property with low/no maintenance ownership. Updates include newflooring, newer central heat and air conditioning, upgraded electrical and plumbing, newer kitchens withgranite countertops, natural stone backsplash, stainless steel appliances, LED lighting throughout, newerstucco, metal roof, and updated windows. Each unit features its own in-unit laundry and outdoor space, plusdesignated parking. Residents also enjoy access to a shared 0.56-acre lot--ideal for relaxing or gathering.Condominium documents are complete and available for review, and ready to record, providing future flexibilityfor individual unit sales. Located approximately 20 miles from Los Alamos National Laboratory, this propertyoffers strong rental appeal with excellent long-term investment potential.

    Additional Features

    • Type Apartment
    • Stories Multi/Split story
    • Style Multi-Level, One Story
    • Days On Market 12
    • AppliancesDryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
    • UtilitiesOther, Separate Meters, Electricity Available
    • Interior FeaturesInterior Steps
    • HeatingForced Air
    • Security FeaturesDead Bolt(s), Heat Detector, Smoke Detector(s)
    • Construction MaterialsAdobe, Block, Stucco
    • RoofMetal
    • SewagePublic Sewer

    Neighborhoods

    Nambe Area

    The Nambe area is located in Northern New Mexico between Santa Fe and Taos. This area possesses some of the most spectacular and varied landscapes to be found in New Mexico. Beautiful bucolic communities lie alongside the Taos Gorge and the Rio Grande River including  Espanola, Velarde, and Dixon. This route is  known as …

    Schools

    • Elementary School: Espanola
    • Junior High School: Carlos F. Vigil Espanola
    • High School: Espanola Valley High

    Listing Brokerage

    IDX listing

    Rachael Baca

    Logic Real Estate

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Keller Williams are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.