Overview
- Updated On:
- May 29, 2025
- Property ID
- 25931
Description
Prime Investment Opportunity: Profit-Generating Multi-Family Gem!
Discover an enticing investment opportunity in this meticulously designed Multi-Family Apartment Building boasting 12 units, each strategically rented by the room. This innovative approach allows for maximized rental income as tenants lease individual bedrooms while sharing the delightful common spaces including a spacious kitchen, cozy living room, and four well-appointed bathrooms.
The property layout is thoughtfully planned for diversity, featuring 4 units on the ground level, 5 units on the second floor, 1 unit in the basement, and an additional unit in the rear outbuilding. Each unit offers a comfortable 1-bedroom arrangement, and the outbuilding unit provides an added touch of exclusivity with its private bathroom.
Investors, this is your chance to secure a stable and high-yield income stream in a sought-after location.
Don’t miss out on this opportunity to enhance your real estate portfolio with a property primed for success!
Property Id: 25931
Price: $ 595,000
Property Lot Size: 0 ac
TaxAnnualAmount: 6993
InternetConsumerCommentYN: 1
InternetAutomatedValuationDisplayYN: 1
StreetNumberNumeric: 1009
ContractStatusChangeDate: 2024-10-21
ListAgentFullName: Lloyd William Sumner
InternetAddressDisplayYN: 1
OnMarketDate: 2024-10-21
InternetEntireListingDisplayYN: 1
HighSchoolDistrict: El Paso
ListAgentLastName: Sumner
Cooling: Refrigerated,Window Unit(s)
CumulativeDaysOnMarket: 221
TenantPays: All Utilities
ListingAgreement: Exclusive Right To Sell
ElementarySchool: Lamar
ListAgentFirstName: Lloyd
MajorChangeType: Price Reduced
LotSizeUnits: Acres
TaxLegalDescription: 273 CAMPBELL 6 & N 1/2 OF 5 & S 1.00 FT OF 7 (4800.00 SQ FT)
LotSizeSquareFeet: 4791.6
MiddleOrJuniorSchool: Wiggs
ListingId: 910943
YearBuilt: 1910
MobileWidth: 11
SourceSystemName: Greater El Paso Association of REALTORS®
SourceSystemKey: 20230918220057602594000000
PetsAllowed: No
StateOrProvince: TX
ListOfficeName: Think of Realty
SpecialListingConditions: None
OriginatingSystemKey: 20230918220057602594000000
PhotosCount: 68
OtherStructures: Second Residence
ListingTerms: Cash,Conventional
LockBoxType: SentriLock
GrossIncome: 51480
OwnerPays: No Utilities
BuildingAreaTotal: 4405
OriginatingSystemName: Greater El Paso Association of REALTORS®
Utilities: Electricity Connected,All City,Natural Gas Connected
Sewer: Public Sewer
BuildingFeatures: None
ListingContractDate: 2024-10-21
StreetSuffix: Street
OriginatingSystemID: M00000595
StreetNumber: 1009
StreetName: Florence
ListOfficeMlsId: 2113
MobileLength: 2
HighSchool: Elpaso
MlsStatus: Active
Roof: Composition,Pitched
LotSizeArea: 0.11
SourceSystemID: M00000595
ParcelNumber: C05099927302900
ListAgentMlsId: 6503
ParkingFeatures: On Street,Street Only
Zoning: A2
TaxYear: 2023
Heating: Forced Air,Natural Gas
StreetDirPrefix: N
ConstructionMaterials: Brick Veneer,Frame
NumberOfUnitsTotal: 12
DaysOnMarket: 221
Flooring: Carpet,Hardwood,Laminate
WaterSource: City
Contract_sp_Information_co_List_sp_Price2: 595000
Contract_sp_Information_co_List_sp_PriceSqFt: 135.07
Contract_sp_Information_co_Listing_sp_Type: Exclusive Right To Sell
Location_sp_Tax_sp_Legal_co_Zoning2: A2
Location_sp_Tax_sp_Legal_co_Middle_sp_School: Wiggs
Location_sp_Tax_sp_Legal_co_High_sp_School: Elpaso
Location_sp_Tax_sp_Legal_co_Tax_sp_Year2: 2023
Location_sp_Tax_sp_Legal_co_Parcel_sp_ID: C05099927302900
Location_sp_Tax_sp_Legal_co_Legal2: 273 CAMPBELL 6 & N 1/2 OF 5 & S 1.00 FT OF 7 (4800.00 SQ FT)
General_sp_Property_sp_Info_co_Apx_sp_Acres2: 0.11
General_sp_Property_sp_Info_co_Total_sp_Units: 11
General_sp_Property_sp_Info_co_Flood_sp_Zone3: No
Remarks_sp_Misc_co_Public_sp_Remarks2: Prime Investment Opportunity: Profit-Generating Multi-Family Gem!
Discover an enticing investment opportunity in this meticulously designed Multi-Family Apartment Building boasting 12 units, each strategically rented by the room. This innovative approach allows for maximized rental income as tenants lease individual bedrooms while sharing the delightful common spaces including a spacious kitchen, cozy living room, and four well-appointed bathrooms.
The property layout is thoughtfully planned for diversity, featuring 4 units on the ground level, 5 units on the second floor, 1 unit in the basement, and an additional unit in the rear outbuilding. Each unit offers a comfortable 1-bedroom arrangement, and the outbuilding unit provides an added touch of exclusivity with its private bathroom.
Investors, this is your chance to secure a stable and high-yield income stream in a sought-after location.
Don't miss out on this opportunity to enhance your real estate portfolio with a property primed for success!
Exemptions_co_None17: 1
Lockbox_sp_Type_co_SentriLock: 1
Amenities_co_None3: 1
Miscellaneous_co_No_sp_Pets2: 1
Parking_co_On_sp_Street: 1
Parking_co_Street_sp_Only: 1
Roof_co_Composition: 1
Roof_co_Pitched: 1
Utilities_co_All_sp_City: 1
Utilities_co_Electric_sp_Connected: 1
Other Features
Has Cooling System
Has Heating System
Refrigerator
$ 3,050.68
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 2,306.93
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