Prime Investment Opportunity: Profit-Generating Multi-Family Gem! Discover an enticing investment opportunity in this meticulously designed Multi-Family Apartment Building boasting 11 units, each strategically rented by the room. This innovative approach allows for maximized rental income as tenants lease individual bedrooms while sharing the delightful common spaces including a spacious kitchen, cozy living room, and four well-appointed bathrooms. The property layout is thoughtfully planned for diversity, featuring 4 units on the ground level, 5 units on the second floor, 1 unit in the basement, and an additional unit in the rear outbuilding. Each unit offers a comfortable 1-bedroom arrangement, and the outbuilding unit provides an added touch of exclusivity with its private bathroom. Investors, this is your chance to secure a stable and high-yield income stream in a sought-after location. Don't miss out on this opportunity to enhance your real estate portfolio with a property primed for success!
This property is $344.4K more than the Median List Price and $17/SqFt less than other homes in El Paso, TX.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater El Paso Association of REALTORS®
MLS Number: #910943
Listing Office:
Office Name: Think of Realty
Office Email: lwsumner.realtor@gmail.com
Listing Agent: Lloyd William Sumner
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Last updated on: 11/26/2024, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,004
$128,244
2019
$3,805
$128,244
2018
$3,806
$127,138
2017
$3,535
$119,424
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Lamar Elementary School
1440 E Cliff Dr
Distance between this listing and this school0.77 miles
Public District Grades EE-5
7
/10
La Fe Preparatory School
616 E Father Rahm Ave
Distance between this listing and this school1.03 miles
Public Charter Grades PK-5
6
/10
Aoy Elementary School
901 S Campbell St
Distance between this listing and this school1.22 miles
Public District Grades EE-5
Nearby Schools
7
/10
Wiggs Middle School
1300 Circle Dr
Distance between this listing and this school0.65 miles
Public District Grades 6-8
4
/10
El Paso Leadership Academy
1918 Texas Ave
Distance between this listing and this school1.22 miles
Public Charter Grades 6-8
4
/10
Guillen Middle School
900 S Cotton St
Distance between this listing and this school1.33 miles
Public District Grades 6-8
Nearby Schools
2
/10
Triumph Public High Schools-el Paso West
711 N Mesa St
Distance between this listing and this school0.32 miles
Public Charter Grades 9-12
5
/10
El Paso High School
800 E Schuster Ave
Distance between this listing and this school0.41 miles
Public District Grades 9-12
1
/10
Telles Academy
320 S Campbell St
Distance between this listing and this school0.81 miles
The neighbors living near this home have an average income of $18,782. Residents of El Paso, TX typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 1009 N Florence St in El Paso, TX and zip code 79902 in the West Central neighborhood. This 4,405 square foot home, which was built in 1910, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $610,000.
In October 2024 in El Paso, TX there were 2.7% more homes for sale than in September 2024. In October 2024 median list price was $265,543 and the average listing age was 92 days.
From Rocket Homes Real Estate and based on county public records data.