$329,800

240 SAN PABLO Street NE, Albuquerque, NM 87108

2 beds |
1 bath |
2,760 sqft

Multi-Family Home
Built in 1958
6,534sqft lot
—— car garage
$119/sqft
Listed 3 months ago

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.

Listing Status:: Active
Date Added:: July 8, 2025 at 05:00AM
Listing Office:: Jason Mitchell RE NM : (505) 808-9940
Listing Agent:: New Mexico Home Group : (505) 304-9773
MLS ID:: 1087489

Appliances: Free-Standing Electric RangeRefrigerator
Flooring: VinylWood
A/C: Evaporative Cooling
Heating: OtherSee RemarksWall Furnace
Disability Feature: None
Eco/Green Feature: None

General: Block1

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Zoning: 101905717718931715

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Source: SWMLS_SWMLS

This listing courtesy of New Mexico Home Group, Jason Mitchell RE NM

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

La Mesa Elementary School

7500 Copper Ave NE, Albuquerque, NM, 87108

Grades PK-5

0.12 miles away

Van Buren Middle School

700 Louisiana Blvd SE, Albuquerque, NM, 87108

Grades 6-8

0.85 miles away

Highland Autism Center

220 Monroe SW, Albuquerque, NM, 87108

Grades PK-12

1.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.