Espanola NM Multi Family for Sale
$750,000
722 School Street Espanola, NM 87532
- Type:
- Multi-Family
- Sq.Ft.:
- 6,329
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.7 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 202402488
ADDITIONAL INFORMATION
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.
Espanola Real Estate
The median home value in Espanola, NM is $275,000. This is higher than the county median home value of $253,100. The national median home value is $338,100. The average price of homes sold in Espanola, NM is $275,000. Approximately 45.14% of Espanola homes are owned, compared to 22.34% rented, while 32.52% are vacant. Espanola real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Espanola real estate agent to arrange a tour today!
Espanola, New Mexico has a population of 20,277. Espanola is less family-centric than the surrounding county with 17.94% of the households containing married families with children. The county average for households married with children is 18.61%.
The median household income in Espanola, New Mexico is $40,694. The median household income for the surrounding county is $46,994 compared to the national median of $69,021. The median age of people living in Espanola is 46.1 years.
Espanola Weather
The average high temperature in July is 89.35 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 12.05 inches per year, with 11.95 inches of snow per year.