2201 MAGOFFIN AVENUE, EL PASO, TX 79901

Homes for sale in El Paso.

Homes for sale in 79901.


Active

List Price$310,000

2201 MAGOFFIN Avenue

El Paso, TX 79901

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #949604

4,077

Square Feet

Condo

Type

About This Property

Excellent Investment Opportunity in Central El Paso. Discover the potential of this 10-unit apartment complex ideally located in Central El Paso. With all 10 units currently occupied, this property offers an investor the opportunity to acquire an established income producing multifamily asset with immediate rental income. The property may benefit from some updating and improvements, providing the next owner with an opportunity to enhance the units, increase overall property appeal, and potentially add long-term value. Its central location offers convenient shopping, dinning, schools, employment centers and other El Paso amenities Whether your looking to expand an existing portfolio or add a multifamily investment to your holdings, this fully occupied 10-unit property offers a combination of current income and future upside potential.

Property Features

Location Information

County

El Paso

Longitude

-106.463993

Latitude

31.770663

Subdivision

Bassett

Interior Features

Heating

Electric

Tenant Pays

Some Utilities

Cooling

Evaporative Cooling, Window Unit(s)

Total Number of Units

10

Appliances

See Remarks

Exterior Features

Construction

See Remarks

Parking Description

On Street, Paved

Roof

Flat

Lot Size in Acres

0.14

Water Source

City

Lot Size in Sq. Ft.

6,098

Septic or Sewer

Public Sewer

Zoning

R1

Utilities

All City

School

School District

El Paso

Middle School

Guillen

Elementary School

Douglass

High School

Bowie

Additional Information

Property Type

CND

Tax Year

2025

Property SubType

Quadruplex

Tax Amount

$8,123

Year Built

1935

Similar Listings

Mortgage Calculator

$1,447

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,117

Monthly Tax

$258

Monthly Insurance

$72

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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