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Listed by The Real Estate Power Houses

$ 468,900

Est. payment -/mo

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505 W MISSOURI El Paso, TX 79901

6,568 SqFt

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Key Details

Property Type Multi-Family

Sub Type House Plus Unit(s)

Listing Status Active

Purchase Type For Sale

Square Footage 6,568 sqft

Price per Sqft $71

Subdivision Stevens

MLS Listing ID 952324

Year Built 1913

Annual Tax Amount $6,027

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type House Plus Unit(s)

Source Greater El Paso Association of REALTORS®

Property Description

Excellent opportunity with great monthly income! Four-unit multifamily at 505-511 W. Missouri in El Paso with $3,450 per month in scheduled rents, and each unit has its own address. Every unit is about 1,100 sq ft, 2 bed / 1 bath, with hardwood floors, a living room, a kitchen and a laundry room. Most have updated bathrooms with showers, two have brand-new kitchens, and three have refrigerated air. The two upstairs units have balconies with great views. Unit 505 is fully remodeled with new hardwood flooring, a clear template for the rest. A separate storage unit is included. Separate addresses make leasing and management simple. About 4,400 sq ft total at $468,900, roughly $107 per sq ft. Financials, rent roll and unit details available to qualified buyers on request.

Location

State TX

County El Paso

Community Stevens

Zoning A3

Rooms

Other Rooms Storage

Interior

Heating Central

Cooling Ceiling Fan(s), Evaporative Cooling, Refrigerated

Flooring Brick, Hardwood, Tile, Wood

Exterior

Parking Features On Street

Roof Type Shingle,See Remarks

Building

Building Description Brick,Wood Siding, Laundry Community,See Remarks

Sewer Public Sewer

Water City

Structure Type Brick,Wood Siding

Schools

Elementary Schools Aoy

Middle Schools Guillen

High Schools Bowie

Others

Tax ID S636999000A5300

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, TX Veteran, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, TX Veteran, VA Loan

Special Listing Condition Owner Agent

Virtual Tour https://www.propertypanorama.com/instaview/gepar/952324

Edith H. Martinez

Realtor License ID: 830042

+1(915) 667-7318

505 W MISSOURI El Paso, TX 79901

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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505 W MISSOURI