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240 San Pablo Street NE

Albuquerque, NM 87108
  • $329,800
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 1087489
UPDATED: 38 min ago
$329,800
  • 2
    BEDS
  • 0.15
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,760
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

This 4 Plex consisting of 3 one bedroom units, and an owners unit featuring a 2 bedroom 1 bathroom, is an Incredible investment opportunity in a sought after area of town, with a large tenant base. Pride of ownership shows with recent maintenance and beautiful wood floors. 236 & 240 San Pablo share a common area in the center of the property and are the perfect pair for purchase; each sit on a separate parcel which qualifies each unit for traditional financing!! Current ownership has maintained tenants and steady growth in income, also doing some recent repairs such as stucco and appliances. Nice investment with an option for an owners suite, with room for growth with rents.

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-11-16T07:05:09.033.
www.trtnm.com/homes/165670604
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240 San Pablo Street NE Albuquerque, NM 87108

  • Price: $329,800
  • Status: Active
  • On Site: 129 Days
  • Updated: 38 min ago
  • MLS #: 1087489
2
Beds
1
Baths
0
½ Baths
0.15
Acres
2,760
SQFT
$119
$/SQFT
1958
Built
Neighborhood:
70 - Fairgrounds
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
This 4 Plex consisting of 3 one bedroom units, and an owners unit featuring a 2 bedroom 1 bathroom, is an Incredible investment opportunity in a sought after area of town, with a large tenant base. Pride of ownership shows with recent maintenance and beautiful wood floors. 236 & 240 San Pablo share a common area in the center of the property and are the perfect pair for purchase; each sit on a separate parcel which qualifies each unit for traditional financing!! Current ownership has maintained tenants and steady growth in income, also doing some recent repairs such as stucco and appliances. Nice investment with an option for an owners suite, with room for growth with rents.
Exterior Features

Construction Materials Block Levels One

Interior Features

Appliances Free- Standing Electric Range Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Vinyl Wood Heating Other See Remarks Wall Furnace Heating YN Yes

Property Features

Accessibility Features None Additional Parcels YN Yes Builder Name unknown Building Area Total 2760 Community Features Storage Facilities Green Energy Generation None Gross Income 37138.5 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VA Loan New Construction YN No Operating Expense 11348.1 Owner Pays Sewer Water Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 1798.56 Tenant Pays Electricity Gas Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R- MH*

Southwest MLS] logo Listing courtesy of Jason Mitchell RE NM: (505) 808-9940. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-11-16T07:05:09.033.
 
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