720 School, Espanola, NM 87532
720 School, Espanola, NM 87532
720 School, Espanola, NM 87532
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$1,400,000
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0.56 Acres Lot
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720 School Espanola, NM 87532

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Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202600611

Style Multi-Level,One Story

HOA Y/N No

Year Built 1948

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type Apartment

Property Description

Incredible 7-unit investment opportunity in the heart of Española's desirable westside neighborhood, nestled
between the Rio Grande River and the Plaza. 720 School Street is fully occupied and has been extensively
remodeled, offering a rare turnkey multifamily property with low/no maintenance ownership. Updates include new
flooring, newer central heat and air conditioning, upgraded electrical and plumbing, newer kitchens with
granite countertops, natural stone backsplash, stainless steel appliances, LED lighting throughout, newer
stucco, metal roof, and updated windows. Each unit features its own in-unit laundry and outdoor space, plus
designated 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 flexibility
for individual unit sales. Located approximately 20 miles from Los Alamos National Laboratory, this property
offers strong rental appeal with excellent long-term investment potential.

Location

State NM

County Rio Arriba

Zoning R-1, 2, 3, 4, 5, 6

Interior

Interior Features Interior Steps

Heating Forced Air

Cooling Central Air, Refrigerated

Fireplace No

Appliance Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer

Exterior

Utilities Available Other, Separate Meters, Electricity Available

Water Access Desc Public

Roof Type Metal

Accessibility Not ADA Compliant

Private Pool No

Building

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Architectural Style Multi-Level, One Story

Level or Stories Multi/Split

Schools

Elementary Schools Espanola

Middle Schools Carlos F. Vigil Espanola Middle School

High Schools Espanola Valley High

Others

Tax ID 1-046-120-170058

Security Features Dead Bolt(s),Heat Detector,Smoke Detector(s)

Acceptable Financing Assumable, Cash, Conventional, 1031 Exchange, Other, See Remarks

Listing Terms Assumable, Cash, Conventional, 1031 Exchange, Other, See Remarks

Special Listing Condition Standard


Santa Fe MLS (SFARMLS)
Listed by Rachael L. Baca • Logic Real Estate

NEARBY SCHOOL & BUSINESS

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Ryan Maupin

Ryan Maupin

Associate Broker | License ID: 52280

+1(505) 412-3125

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720 School