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240 SAN PABLO Street NE

Albuquerque, NM 87108

$335,000

2 bd • 1 ba • 2,760 sqft • 0.15 acres

1 Story

Stories

$121

Per SQFT

1958

Year Built

07/08/2025

Listing Date

1087489

Listing #

87108

Zip Code

About This Property

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.

Interior

Bathrooms Total: 1

Appliances: Free-Standing Electric Range, Refrigerator

Flooring: Vinyl, Wood

Building And Construction

Property Type: Residential Income

Property Sub Type: Quadruplex

Property Sub Type Additional: Quadruplex

Building Area Total: 2,760 sqft

Year Built: 1958

Construction Materials: Block

Levels: One

Number Of Units Total: 4

Stories: 1

Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.15

Lot Size Square Feet: 6,534 sqft

Provisional

MLS #: 1087489

Gross Income: 37138.5

Listing Terms: Cash, Conventional, FHA, VA Loan

Number Of Buildings: 1

Operating Expense: 11348.1

Owner Pays: Sewer, Water

Tenant Pays: Electricity, Gas

Area And Schools

Community Features: Storage Facilities

City: Albuquerque

Postal Code: 87108

MLS Area Major: Fairgrounds

County: Bernalillo

Parcel Number: 101905717718931715

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Cooling: Evaporative Cooling

Heating: Other, See Remarks, Wall Furnace

Heating (Y/N): Yes

Location

Directions: Louisiana to central. East on Central to San Pablo.

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Listing courtesy of Jason Mitchell RE NM

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550

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240 SAN PABLO Street NE

About This Property

Interior

Building And Construction

Exterior And Lot

Provisional

Area And Schools

Utilities

Location

Mortgage Calculator

Properties for Sale Similar to 240 SAN PABLO Street NE, Albuquerque, NM

$335,000

$359,900

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$330,000

$320,000

$433,651

$390,000

$339,000

$439,900

$504,852

$329,000

$319,000

New Homes for Sale in Albuquerque Area

$263,000

$333,000

$325,000

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Daria Derebera

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Showing Request Submitted

Schedule a Showing

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