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…
MLS: 202600611
List Date: 02-19-2026
Status: Active
Area: Espanola Area
Type: Apartment
Acres: 0.56
Cindy Sheff
505.470.6114
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.
Appliances:Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Construction Materials:Adobe, Block, Stucco
Days on Market:10
Heating:Forced Air
Interior Features:Interior Steps
Stories:Multi/Split
Property Type:MultiFamily
Property Sub Type:Apartment
Roof:Metal
Security Features:Dead Bolt(s), Heat Detector, Smoke Detector(s)
Sewage:Public Sewer
Style:Multi-Level, One Story
Utilities:Other, Separate Meters, Electricity Available
Zoning:R-1, 2, 3, 4, 5, 6
Elementary School: Espanola
Junior High School: Carlos F. Vigil Espanola
High School: Espanola Valley High
Rachael Baca
Logic Real Estate
