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722 School Street

$750,000

Seven units, residential income property. Of the seven, six are income producing apartments and one is a vacant house, to live in or rent….

Key Features

MLS: 202402488

List Date: 07-01-2024

Status: Pending No Showings

Area: Espanola Area

Type: Multi Family

Acres: 0.7

Presented By

Photo of Cindy Sheff

Cindy Sheff

505.470.6114

Photo of Michael Sanford

Michael Sanford

505.916.6644

Seven units, residential income property. Of the seven, six are income producing apartments and one is a vacant house, to live in or rent. All seven rentals, are on a private, quiet, enclosed lot. This compound is now available for a smart investor. All the units are individually metered. The vacant house is an adobe home that was recently renovated. The grounds are well maintained. Each unit has its own porch. Keeping the apartments occupied has been an easy task, due to the location, condition, and varied size of each dwelling. Located down a quiet west side road provides easy access to Los Alamos, Santa Fe, Taos, and Abiquiu. The interior of the apartments will be available to qualified buyers with true interest in purchasing with notice to tenants.

Additional Features

Construction Materials:Adobe, Block, Frame

Days on Market:155

Heating:Forced Air, Natural Gas, Separate Meters

Interior Features:Interior Steps

Stories:Multi/Split

Parking Features:Attached, Garage

Property Type:MultiFamily

Roof:Built-Up, Metal

Sewage:Public Sewer

Style:Multi-Level

Utilities:Other, Separate Meters, Electricity Available

Water Source:Public

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

About the Neighborhood

Homes & Land for Sale North of Santa Fe

These small communities are located in the southern Sangre de Cristo Mountains along Interstate 25 on the east side of Glorieta Pass (elevation 7500 ft.). With many homes backing up to National Forest land, these areas are ideal for those wanting peaceful seclusion within commuting distance of Santa Fe.

Schools

Elementary School: Espanola

Junior High School: Carlos F. Vigil Espanola

High School: Espanola Valley High

Listing Brokerage

IDX listing

Emery Maez

The Maez Group