720 School St
Espanola, NM 87532
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Bed
0
Bath
0.56Acre(Lot)
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 ava
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Roofing Information
Metal -
Interior Features
Roof: Metal Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1948 Building Area Total: 6756 Construction Materials: Adobe, Block, Stucco Private Pool: No
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Lot Information
Main Square Feet: 0.56 Acres Lot Size Acres: 0.56 Lot Size Source: Public Records Lot Size Square Feet: 24393.6
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Listing Price Information
Listing Price: $1400000 Assumable, Cash, Conventional, 1031 Exchange
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Tax Information
Parcel Number: 1-046-120-170058 Tax Legal Desc: S: 03 T: 20N R: 08E 0.409 AC. "'722 SCHOOL STREET" ESPANOLA SW1/4 BK/PG 54/2383-A,169/494,169/637,547/5306,547/5324,548/3939, PLAT E-2/182,
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School Information
Elementary School: EspanolaJunior High School: Carlos F. Vigil Espanola Middle SchoolSenior High School: Espanola Valley High -
Utility Information
Other, Electricity Available -
Location Information
WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19309 Us Highway 285, Espanola, NM, 87532 | $295,000 | 4 | 1 | 1,522 | 1,522 SqFt |
| 1120 Casa De Luz, Espanola, NM, 87532 | $385,000 | 3 | 2 | 1,568 | 1,568 SqFt |
| 305 A&B Camino Del Sol, Espanola, NM, 87532 | $632,000 | 4 | 3 | 2,423 | 2,423 SqFt |
| 25 Camino De Casimiro, Espanola, NM, 87532 | $325,000 | 3 | 1 | 1,513 | 1,513 SqFt |
| 306 El Llano Rd, Espanola, NM, 87532 | $228,800 | 4 | 4 | 3,006 | 3,006 SqFt |
| 148 El Llano Road, Espanola, NM, 87532 | $150,000 | 2 | 1 | 862 | 862 SqFt |
| 526 Camino Arbolera, Espanola, NM, 87532 | $344,000 | 3 | 2 | 1,500 | 1,500 SqFt |
| 314 Calle Lucia, Espanola, NM, 87532 | $517,000 | 4 | 2 | 1,879 | 1,879 SqFt |
| 718 E Pueblo St, Espanola, NM, 87532 | $439,000 | 3 | 3 | 2,027 | 2,027 SqFt |
| 47 Nm 581, Espanola, NM, 87532 | $712,000 | 3 | 2 | 1,914 | 1,914 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/07/2026 @ 07:34
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