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Listed by The Real Estate Power Houses

$ 389,000

Est. payment | -/mo

7,405 SqFt

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$ 389,000

Est. payment | -/mo

Save Virtual Tour

7,405 SqFt

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,405 sqft

Price per Sqft $52

Subdivision Kyle

MLS Listing ID 947239

Lot Size 7,405 Sqft

Acres 0.17

Source Greater El Paso Association of REALTORS®

Property Description

Outstanding investment opportunity in the desirable Lower Valley of El Paso! This well-maintained 8-unit multifamily property is 100% occupied with long-term tenants, providing immediate and consistent cash flow from day one. The property's strong occupancy history reflects stable rental demand and dependable income potential, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor looking to expand your holdings or entering the multifamily market, this property offers a rare combination of stability, proven performance, and long-term upside. Conveniently located near schools, shopping, restaurants, parks, and major thoroughfares, the property enjoys a prime location that continues to attract and retain tenants. Both parcels 404 French and 406 French need to be sold together.

Location

State TX

County El Paso

Community Kyle

Zoning R5

Rooms

Other Rooms Storage

Interior

Heating Wall Furnace, Central, Forced Air

Cooling Other, Multi Units, Evaporative Cooling

Fireplaces Number 14650

Fireplace Yes

Exterior

Parking Features On Street

Utilities Available All City, All Utilities

Building

Story 1

Sewer Public Sewer

Water City

Level or Stories 1

Others

Tax ID K98299900205500/K98299900206100

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/gepar/947239

Schools and Properties Nearby

Jesse Lopez

Agent | License ID: 741304

+1(915) 979-8080 | jesselopez.realtor@gmail.com

404 & 406 French PL El Paso, TX 79905