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Listed by REAL Broker LLC

$ 190,000

Est. payment | -/mo

1,064 SqFt

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$ 190,000

Est. payment | -/mo

Save Virtual Tour

1,064 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,064 sqft

Price per Sqft $178

Subdivision Government Hill

MLS Listing ID 953684

Year Built 1928

Annual Tax Amount $3,504

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Triplex

Source Greater El Paso Association of REALTORS®

Property Description

Great investment opportunity in Central El Paso! This three-unit property in the established Government Hill neighborhood offers immediate rental income with all three units currently tenant-occupied on month-to-month leases. Current monthly rents are $500, $450, and $400, totaling $1,350 per month or $16,200 annually. The month-to-month arrangements provide flexibility for future rental adjustments or improvements, subject to applicable laws and notice requirements. Conveniently located near the Five Points district, Montana Avenue, Fort Bliss, and Downtown El Paso, with easy access to US-54 and I-10. Residents can enjoy nearby schools, restaurants, shopping, and neighborhood amenities. An excellent opportunity for investors looking to expand their rental portfolio in a centrally located, established neighborhood!

Location

State TX

County El Paso

Community Government Hill

Zoning A2

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Evaporative Cooling

Exterior

Parking Features 1 Space Per Unit

Utilities Available All City

Roof Type Shingle

Building

Building Description Block,Brick, None

Sewer Public Sewer

Water City

Structure Type Block,Brick

Schools

Elementary Schools Coldwell

Middle Schools Captain Gabriel Navarrete Middle School

High Schools Austin

Others

Tax ID G569999000A2800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/gepar/953684

Schools and Properties Nearby

Jesse Lopez

Agent License ID: 741304

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

3707 HUECO AVE El Paso, TX 79903