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236 San Pablo Street NE
236 San Pablo Street NE
236 San Pablo Street NE
236 San Pablo Street NE
236 San Pablo Street NE
236 San Pablo Street NE
236 San Pablo Street NE
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Courtesy of Trinity Apartment Company LLC
$325,000

236 San Pablo Street NE

5 Beds 4 Baths 2,760 Sq.Ft. 6,752 Sq.Ft.

Description

4-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.

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Location

236 San Pablo Street NE, Albuquerque, NM 87108

Status

For Sale

Property Amenities

Interior
Appliances Built-In Gas Range, Convection Oven, Refrigerator, Range Hood
Flooring Laminate, Tile, Wood
Total Bedrooms: 5
Other Interior Features Skylights
Area & Lot
Total area 2,760 Sq.Ft.
Lot Area 6,752 Sq.Ft.
Living area 2,760 Sq.Ft.
MLS® ID 1108518
Year Built 1958
Type Multi-Family
Status For Sale
Exterior
Stories 1
Air conditioning Evaporative Cooling
Heat type Wall Furnace
Green Feature None
Other Exterior Features Lighting
Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance
Sales Price $325,000
Real Estate Tax $1,855 yearly
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Schedule a Showing

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Thank you for your interest in 236 San Pablo Street NE, Albuquerque, NM 87108. We are reviewing your request and will be in touch shortly!

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Albuquerque / Rio Rancho

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If you are looking for a real estate company that is committed to providing its clients with the best possible experience, look no further than K2 Omni Pindrop. Contact us today to learn more!