720 School Espanola, NM 87532

UPDATED:
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
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

NEARBY SCHOOL & BUSINESS
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