240 SAN PABLO Street NE
Albuquerque, NM 87108
$329,800
2 bd • 1 ba • 2,760 sqft • 0.15 acres
1 Story
Stories
$119
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.
Mortgage Calculator
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Monthly Payment**:
** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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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.
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