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!
airbnb avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
rental Policy | daily |
Yearly Taxes | $4894 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 2,912 |
Furnished | unknown |
Year built | 1910 |
MLS | 889381 |