3530 PERA AVENUE, EL PASO, TX 79905
Homes for sale in El Paso.
Homes for sale in 79905.
List Price$650,000
3530 Pera Avenue
El Paso, TX 79905
Listing #918623
About This Property
Excellent investment opportunity! This multifamily/apartment complex features 10 residential and 2 commercial units, making it a versatile income-producing property. With 80% of the units remodeled, tenants enjoy updated and comfortable living spaces. Strategically located in the Empowerment Zone, one of the most accessible areas to/from Ciudad Juárez, this property offers high demand and growth potential. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate, making it ideal for investors seeking a solid return. Don't miss this chance to own a prime asset in a thriving location!
Property Features
Location Information
County
El Paso
Longitude
-106.451183
Latitude
31.772173
Subdivision
East El Paso
Interior Features
Has Fireplace
Yes
Cooling
Refrigerated, Evaporative Cooling
Heating
Central
Exterior Features
Stories
2
Lot Size in Sq. Ft.
6,969
Utilities
All City, All Utilities
Zoning
A3
Lot Size in Acres
0.16
Flood Zone
No
Additional Information
Property Type
COM
Tax Year
0
Similar Listings
Mortgage Calculator
$3,034
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,342
Monthly Tax
$541
Monthly Insurance
$151
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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