1009 N FLORENCE STREET, EL PASO, TX 79902

Homes for sale in El Paso.

Homes for sale in 79902.


Active

List Price$595,000

1009 N FLORENCE Street

El Paso, TX 79902

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Listing #928240

Commercial

Type

About This Property

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 Features

Location Information

County

El Paso

Longitude

-106.489455

Latitude

31.76703

Subdivision

Campbell

Interior Features

Has Fireplace

Yes

Cooling

Refrigerated, Window Unit(s)

Heating

Central, Forced Air

Tenant Pays

All Utilities, See Remarks

Exterior Features

Stories

2

Parking Description

On Street, Unassigned

Construction

Frame, Brick Veneer

Lot Size in Acres

0.11

Water Source

See Remarks, City

Lot Size in Sq. Ft.

4,791

Septic or Sewer

Public Sewer

Zoning

A2

Utilities

See Remarks

Flood Zone

No

Additional Information

Property Type

COM

Tax Amount

$7,985

Tax Year

2024

Similar Listings

Mortgage Calculator

$2,777

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,144

Monthly Tax

$495

Monthly Insurance

$138

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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