3815 ALAMEDA AVENUE, EL PASO, TX 79905

Homes for sale in El Paso.

Homes for sale in 79905.


3815 ALAMEDA Avenue

El Paso, TX 79905

Active

List Price$975,000

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

Listing #943261

Commercial

Type

About This Property

Please do not disturb Tenants. Prime investment opportunity in the heart of Central El Paso! This unique income-producing property spans nearly a full city block at 3815 Alameda Ave, 0.99 acres zoned C-4 along Alameda and M-1 along Frutas. Ideally located near El Paso Children's Hospital and the Paul L. Foster School of Medicine. The property features a mobile home park with 8 efficiency apartment units, along with a 1134 sq ft building currently leased to a church, providing multiple income streams offers exceptional flexibility for a variety of commercial, industrial, or redevelopment uses. While the improvements are older, the property is functional and currently occupied, with rents well below market--presenting a strong value-add opportunity for investors looking to increase cash flow. With significant upside potential through repositioning, rent adjustments, or redevelopment, this is an ideal project for both seasoned investors and those seeking long-term growth. All tenants are month to month.

Property Features

Location Information

County

El Paso

Longitude

-106.446999

Latitude

31.77365

Subdivision

Woodlawn

Interior Features

Has Fireplace

Yes

Tenant Pays

Electricity, Gas

Heating

Electric

Exterior Features

Stories

1

Lot Size in Acres

0.99

Water Source

City

Lot Size in Sq. Ft.

43,124

Septic or Sewer

Public Sewer

Zoning

C4

Utilities

All City, All Utilities

Flood Zone

Yes

Additional Information

Property Type

COM

Existing Lease Type

None

Tax Year

0

Similar Listings

Mortgage Calculator

$4,552

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,513

Monthly Tax

$812

Monthly Insurance

$227

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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