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Listed by Cap Rate Real Estate Group

$ 245,000

Est. payment | -/mo

2,070 SqFt

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$ 245,000

Est. payment | -/mo

Save Virtual Tour

2,070 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,070 sqft

Price per Sqft $118

Subdivision North Loop Gardens

MLS Listing ID 947843

Year Built 1948

Annual Tax Amount $6,119

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Quadruplex

Source Greater El Paso Association of REALTORS®

Property Description

Expand your real estate portfolio with this established multifamily asset located at 427 Emerson St. Designed for straightforward management, this property features four distinct units, each offering a functional one-bedroom, one-bathroom layout. A major advantage for any buyer is the property's current status: it is 100% occupied with active leases in place, ensuring you inherit a fully leased property from day one without the immediate need to market vacancies or find new tenants. The location offers excellent day-to-day convenience for residents, sitting directly within the Ysleta Independent School District and providing close proximity to nearby elementary, middle, and high schools. This quadplex represents a solid multi-unit asset for investors seeking a fully leased property with long-term rental potential. Whether you are looking to grow an existing portfolio or acquire an established multi-family asset in the El Paso area, this property delivers a practical layout and immediate operational stability

Location

State TX

County El Paso

Community North Loop Gardens

Zoning C2

Interior

Heating Forced Air

Cooling Evaporative Cooling

Exterior

Parking Features Unassigned

Utilities Available All Utilities

Roof Type Composition,Shingle

Building

Building Description Brick,Stucco, None

Sewer Public Sewer

Water City

Structure Type Brick,Stucco

Schools

Elementary Schools Northloop

Middle Schools Bel Air

High Schools Belair

Others

Tax ID N44299900708200

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None, Verify Flood Insurance

Virtual Tour https://www.propertypanorama.com/instaview/gepar/947843

Schools and Properties Nearby

Jesse Lopez

Agent | License ID: 741304

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

427 EMERSON ST El Paso, TX 79915