Investment Home: 1119 N EL Paso St, El Paso, TX, 79902, ElPaso, FL - $0 Yearly Profit
Description

Investment Opportunity Property! Welcome to this historic gem and exceptional investment opportunity in the heart of El Paso. This well-maintained quadruplex presents an ideal chance for both seasoned investors and aspiring landlords. This property features 4 units with ample space for tenants, washer/dyer combos in each unit, and all units have separate Water, Gas, and Electric Meters. Two units offer 2 bedrooms 1 bath; Two units offer 1 bedroom 1 bath. Situated in the highly desirable Sunset Heights Historic District, close to UTEP, Rio Grande Community College, and Downtown, this property attracts tenants seeking convenience and a vibrant lifestyle. This quadraplex is not only a solid income producer but also offers the potential for future appreciation in this thriving real estate market. Annual gross income: $49,800; Operating expenses $7,475, NOI $42,326 $, Cap rate 10.2% Don't miss out on this lucrative investment opportunity!

Property Information
airbnb avg Daily
Unlock
Occupancy Rate
Unlock
Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$4894
Bedrooms
2
Bathrooms
1
SQFT
2,912
Furnished
unknown
Year built
1910
MLS
889381

Contact Agent


Short-Term Rental Information
Revenue
Unlock
arrow_drop_down

$31,500

Expenses
Profit
Unlock
Cap rate
Unlock
Cash on Cash
Unlock
Price/SQFT
Unlock