720 School, Espanola, NM 87532
Local realty services provided by:ERA Summit
720 School,Espanola, NM 87532
$1,400,000
- - Beds
- - Baths
- 6,756 sq. ft.
- Multi-family
- Active
Listed by: rachael l. baca, lynn g-scott
Office: logic real estate
MLS#:202600611
Source:NM_SFAR
Price summary
- Price:$1,400,000
- Price per sq. ft.:$207.22
About this home
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.
Contact an agent
Home facts
- Year built:1948
- Listing ID #:202600611
- Added:1 day(s) ago
- Updated:February 19, 2026 at 07:39 PM
Rooms and interior
- Living area:6,756 sq. ft.
Heating and cooling
- Cooling:Central Air, Refrigerated
- Heating:Forced Air
Structure and exterior
- Roof:Metal
- Year built:1948
- Building area:6,756 sq. ft.
- Lot area:0.56 Acres
Schools
- High school:Espanola Valley High
- Middle school:Carlos F. Vigil Espanola Middle School
- Elementary school:Espanola
Utilities
- Water:Public, Separate Meters
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$207.22
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