1101 E RIO GRANDE AVENUE, EL PASO, TX 79902
Homes for sale in El Paso.
Homes for sale in 79902.
1101 E Rio Grande Avenue
El Paso, TX 79902
List Price$475,000
Listing #936341
About This Property
Multi-family property located at the corner of Rio Grande Ave and Octavio St. Fantastic investment opportunity which consists of 9 well-maintained units, all zoned for apartments, making it an ideal option for residential rental income or office space. With its prime location, residents enjoy easy access to local shops, schools, while also being just a short drive from downtown El Paso and major transportation routes. The building is situated in a high-demand rental area, offering both convenience and potential for long-term growth. Each unit is unique featuring functional layouts that can cater to a variety of tenants. With 9 units available, this property is perfect for an investor looking to expand their portfolio or an owner-occupant interested in managing a small apartment community. New water heaters have been installed. Don't miss this great opportunity to own a property in an up-and-coming area of El Paso. Owner FINANCE is available.
Property Features
Location Information
County
El Paso
Longitude
-106.484322
Latitude
31.770096
Interior Features
Heating
See Remarks
Exterior Features
Stories
2
Zoning
A2
Lot Size in Acres
0.14
Flood Zone
No
Lot Size in Sq. Ft.
6,098
Additional Information
Property Type
COM
Tax Year
0
Similar Listings
Mortgage Calculator
$2,216
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,711
Monthly Tax
$395
Monthly Insurance
$110
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.
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