10 days on rocket

1009 N Florence St, El Paso, TX, 79902

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
4,405 SqFt
$142/SqFt
Multi

Location

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1009 N Florence St, El Paso$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street, Street Only
Year Built1910
HeatingForced Air, Natural Gas
CoolingCentral Air, Window Unit(s)
MLS #910943
Lot Size0.11 Acres
StatusActive

About 1009 N Florence St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 4,405 SqFt

Listing Office:

  • Office Name: Think of Realty
  • Office Email: lwsumner.realtor@gmail.com
  • Listing Agent: Lloyd William Sumner

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Carpet, Hardwood, Laminate

Exterior Features

Parking Information:

  • Parking: On Street, Street Only

Virtual/3D Tour

  • Virtual Tour: 1009 N Florence St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Window Unit(s)

School Info

Assigned Schools Information:

  • El Paso High School, Public District Grades 9-12
  • Silva Health Magnet, Public Magnet Grades 9-12
  • Transmountain Early College High School, Public District Grades 9-12
  • Wiggs Middle School, Public District Grades 6-8
  • Lamar Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $4,004
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in El Paso, TX.

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El Paso, TX

City

Med. List Price

$264.9K

Med. Price/SqFt

$154

Avg. Days On Market

91

# of Sold Homes

484

1009 N Florence St vs El Paso

10 DAYS ON ROCKET

-81 Days

$625,000

+$360K More

$142/SqFt

-$12 Less

KEY TAKEAWAY

This property is $360K more than the Median List Price and $12/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

IDX 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.

Copyright © 2024 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 10/31/2024, 11:20:53 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

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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.

Elementary School

school-card-donut-901172
8
/10

  • Lamar Elementary School

  • 1440 E Cliff Dr

  • 0.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-901173
7
/10

  • Wiggs Middle School

  • 1300 Circle Dr

  • 0.61 miles

  • Public District Grades 6-8

High School

school-card-donut-901174
5
/10

  • El Paso High School

  • 800 E Schuster Ave

  • 0.43 miles

  • Public District Grades 9-12

school-card-donut-901175
9
/10

  • Silva Health Magnet

  • 121 Val Verde St

  • 3.29 miles

  • Public Magnet Grades 9-12

school-card-donut-901176
10
/10

  • Transmountain Early College High School

  • 9570 GATEWAY NORTH BLVD EC

  • 9.72 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,782. The majority of El Paso, TX residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›El Paso County›El Paso›79902›1009 N Florence St

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 $625,000.

In September 2024 in El Paso, TX there were 0.2% less homes for sale than in August 2024. In September 2024 median list price was $264,963 and the average listing age was 91 days.

From Rocket Homes Real Estate and based on county public records data.

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