5723 ALAMEDA AVENUE #A, EL PASO, TX 79905
Homes for sale in El Paso.
Homes for sale in 79905.
5723 Alameda Avenue #A
El Paso, TX 79905
List Price$294,900
Listing #923821
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
-106.419739
Latitude
31.767648
Subdivision
Alameda Acres N
Interior Features
Interior
Ceiling Fan(s), See Remarks
Cooling
Refrigerated
Full Baths
4
Floors
Tile
1/2 Baths
0
Appliances
See Remarks
Heating
Central
Exterior Features
Style
1 Story
Patio / Deck Description
Covered
Construction
Block
Pool Description
See Remarks
Exterior
See Remarks
Lot Size in Acres
0.24
Roof
Flat
Lot Size in Sq. Ft.
10,618
Water Source
City
Zoning
C4
Septic or Sewer
Public Sewer
Windows Description
See Remarks
Fencing
Fenced
School
School District
El Paso
Middle School
Henderson
Elementary School
Cooley
High School
Capt J L Chapin High
Additional Information
Property Type
SFR
HOA Includes
None
Property SubType
Single Family Residence
Tax Year
2024
Year Built
1951
Tax Amount
$5,938
Similar Listings
Mortgage Calculator
$1,375
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,062
Monthly Tax
$245
Monthly Insurance
$68
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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