5723 ALAMEDA AVENUE, EL PASO, TX 79905
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5723 ALAMEDA Avenue
El Paso, TX 79905
List Price$310,000
Listing #923481
About This Property
Incredible investment opportunity on one of El Paso's busiest corridors! Located at 5723 Alameda Ave, this property features a total of 10,618 sqft of land with multiple income-producing spaces and endless potential. The main structure includes approximately 1,678 sqft of construction plus a garage and covered area ideal for an auto repair shop currently leased for $1,400/month. The front retail space (approx. 290 sqft) is leased for $400/month and perfect for a small business like a barber or stylist. There's also a 1-bedroom apartment of about 700 sqft generating $750/month in rental income. Additionally, a detached home of roughly 1,000 sqft could bring in another $1,000/month--currently owner-occupied but easily rentable. Live on-site, run your business, or lease out all units for strong cash flow. With the flexibility to configure the property to fit your needs, this is a unique opportunity for both owner-users and investors looking to establish or expand in a high-visibility, high-traffic location
Property Features
Location Information
County
El Paso
Longitude
-106.419733
Latitude
31.767646
Subdivision
Alameda Acres N
Interior Features
Has Fireplace
Yes
Cooling
Evaporative Cooling
Heating
See Remarks
Tenant Pays
See Remarks
Exterior Features
Stories
1
Parking Description
See Remarks
Construction
See Remarks, Block
Lot Size in Acres
0.24
Water Source
City
Lot Size in Sq. Ft.
10,454
Septic or Sewer
Public Sewer
Zoning
C4
Utilities
All City
Flood Zone
No
Additional Information
Property Type
COM
Tax Amount
$5,938
Tax Year
2024
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
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