Overview
- Updated On:
- March 13, 2025
- Property ID
- 76251
Description
Excellent investment opportunity! This multifamily/apartment complex features 10 residential and 2 commercial units, making it a versatile income-producing property. With 80% of the units remodeled, tenants enjoy updated and comfortable living spaces. Strategically located in the Empowerment Zone, one of the most accessible areas to/from Ciudad Juárez, this property offers high demand and growth potential. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate, making it ideal for investors seeking a solid return. Don’t miss this chance to own a prime asset in a thriving location!
Address: 3530 Pera Avenue, El Paso, TX 79905
City: El Paso
Area: East El Paso
State/County: El Paso
Zip: 79905
Country: United States
Property Id: 76251
Price: $ 650,000
Property Lot Size: 0 ac
InternetConsumerCommentYN: 1
InternetAutomatedValuationDisplayYN: 1
StreetNumberNumeric: 3530
ContractStatusChangeDate: 2025-03-12
ListAgentFullName: Luis Manuel Portugal
InternetAddressDisplayYN: 1
OnMarketDate: 2025-03-12
InternetEntireListingDisplayYN: 1
ListAgentLastName: Portugal
Cooling: Refrigerated,Evaporative Cooling
CumulativeDaysOnMarket: 3
FireplacesTotal: 7000
ListingAgreement: Exclusive Right To Sell
ListAgentFirstName: Luis
MajorChangeType: New Listing
LotSizeUnits: Acres
TaxLegalDescription: 7 EAST EL PASO 17 & 18 (7000 SQ FT)
LotSizeSquareFeet: 6969.6
ListingId: 918623
SourceSystemName: Greater El Paso Association of REALTORS®
SourceSystemKey: 20250312215713001892000000
InsuranceExpense: 900
StateOrProvince: TX
ListOfficeName: Keller Williams Realty
OriginatingSystemKey: 20250312215713001892000000
PhotosCount: 14
LockBoxType: None
GrossIncome: 65040
OriginatingSystemName: Greater El Paso Association of REALTORS®
Utilities: All City,All Utilities
ListingContractDate: 2025-03-10
StreetSuffix: Avenue
OriginatingSystemID: M00000595
StreetNumber: 3530
StreetName: Pera
ListOfficeMlsId: 411
MlsStatus: Active
LotSizeArea: 0.16
SourceSystemID: M00000595
ParcelNumber: E01499900704100
PossibleUse: See Remarks
ListAgentMlsId: 7061
Zoning: A3
Heating: Central
DaysOnMarket: 3
StoriesTotal: 2
NewTaxesExpense: 8523
Contract_sp_Information_co_List_sp_Price2: 650000
Contract_sp_Information_co_Listing_sp_Type: Exclusive Right To Sell
Location_sp_Tax_sp_Legal_co_Zoning2: A3
Location_sp_Tax_sp_Legal_co_Parcel_sp_ID: E01499900704100
Location_sp_Tax_sp_Legal_co_Legal2: 7 EAST EL PASO 17 & 18 (7000 SQ FT)
Location_sp_Tax_sp_Legal_co_Flood_sp_Zone: No
General_sp_Property_sp_Info_co_Apx_sp_Acres2: 0.16
General_sp_Property_sp_Info_co_Measured_sp_By: Appraiser CAD
General_sp_Property_sp_Info_co_Improved: Yes
General_sp_Property_sp_Info_co_Unimproved: No
General_sp_Property_sp_Info_co_Lot_sp_SqFt: 7000
General_sp_Property_sp_Info_co_HVAC: Yes
General_sp_Property_sp_Info_co_Verification: Actual Records
Remarks_sp_Misc_co_Public_sp_Remarks2: Excellent investment opportunity! This multifamily/apartment complex features 10 residential and 2 commercial units, making it a versatile income-producing property. With 80% of the units remodeled, tenants enjoy updated and comfortable living spaces. Strategically located in the Empowerment Zone, one of the most accessible areas to/from Ciudad Juárez, this property offers high demand and growth potential. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate, making it ideal for investors seeking a solid return. Don't miss this chance to own a prime asset in a thriving location!
Exemptions_co_None17: 1
Lease_sp_Terms_co_Month_sp_to_sp_Month2: 1
Lease_sp_Terms_co_12_sp_Months: 1
Lockbox_sp_Type_co_None18: 1
Property_co_Building: 1
Utilities_co_All_sp_City: 1
Utilities_co_All_sp_Utilities2: 1
Other Features
Has Cooling System
Has Fireplace
Has Heating System
$ 3,332.68
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 2,520.18
Mon
04
Aug
Tue
05
Aug
Wed
06
Aug
Thu
07
Aug
Fri
08
Aug
Sat
09
Aug
Sun
10
Aug
Mon
11
Aug
Tue
12
Aug
Wed
13
Aug
Property Reviews
You need to login in order to post a review
Similar Listings
Residential Lease
Active
3157 Diego Aidan Drive, El Paso, TX 79938,El...
3 Bedrooms
· 2.5 Baths
Spacious and modern 2-story home offering 2,408 sqft of comfortable living! This beautifully maintai ...
Land
Active
0 Leslie Harmon Street, El Paso, TX 79938,El...
10 ACRE CORNER LOT MINUTES FROM EL PASO COUNTY. VERY PEACEFUL AND QUIET. NEAR PAVED ROAD. CORNER OF ...
Residential
Active
12355 Joe Gomez, El Paso, TX 79928,El Paso,E...
4 Bedrooms
· 2.5 Baths
Why settle for cramped spaces and high prices when 12355 Joe Gomez offers so much more? This spaciou ...