236 San Pablo ST NE, Albuquerque, NM 87108
236 San Pablo ST NE, Albuquerque, NM 87108
236 San Pablo ST NE, Albuquerque, NM 87108
236 San Pablo ST NE, Albuquerque, NM 87108
236 San Pablo ST NE, Albuquerque, NM 87108
236 San Pablo ST NE, Albuquerque, NM 87108
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Jeremiah Collins

Jeremiah Collins

+1(505) 710-5478
Listed by Trinity Apartment Company LLC
$ 649,311
Est. payment | /mo

3 Beds

8 Baths

2,760 SqFt

Save
$ 649,311
Est. payment | /mo
Save

3 Beds

8 Baths

2,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,760 sqft

Price per Sqft $235

Subdivision Loma Verde Subdivision

MLS Listing ID 1099827

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $1,855

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

8-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents. Can be sold separately.

Location

State NM

County Bernalillo

Area 70 - Fairgrounds

Interior

Interior Features Skylights

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Laminate, Tile, Wood

Fireplace No

Appliance Built-In Gas Range, Convection Oven, Refrigerator, Range Hood

Exterior

Exterior Feature Lighting

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905717718331723

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

Jeremiah Collins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 710-5478

redbooth@gmail.com

150 Washington Ave Suite 201, Santa Fe, NM, 87501, USA

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236 San Pablo ST NE