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Listed by The Real Estate Power Houses

$399,500

Est. payment - /mo

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3,197 SqFt

Active

2219 MAGOFFIN AVE El Paso, TX 79901

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,197 sqft

Price per Sqft $124

Subdivision Bassett

MLS Listing ID 948077

Year Built 1912

Annual Tax Amount $6,073

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Quadruplex

Source Greater El Paso Association of REALTORS®

Property Description

Excellent investment opportunity in the heart of Downtown El Paso! This fully remodeled 6-unit multifamily property offers immediate income with all six units currently leased. Each unit has been tastefully updated and features energy-efficient mini-split heating and refrigerated air systems, modern finishes, and attractive living spaces that appeal to today's tenants. Situated in the historic Magoffin neighborhood just minutes from Downtown El Paso, UTEP, hospitals, the Medical Center, shopping, dining, entertainment, and the international bridges, this property enjoys a highly desirable rental location. Strong occupancy, updated interiors, and excellent proximity to major employers and transportation make this a turnkey investment with outstanding long-term potential. Don't miss this rare opportunity to own a fully occupied, income-producing multifamily property .

Location

State TX

County El Paso

Community Bassett

Zoning C4

Interior

Heating Forced Air

Cooling Multi Units, Evaporative Cooling, Refrigerated

Flooring Vinyl

Exterior

Parking Features On Street

Utilities Available All Utilities, See Remarks

Roof Type Flat

Building

Building Description Stucco, Bus Route,Outside Lights,See Remarks

Sewer Public Sewer

Water City

Structure Type Stucco

Schools

Elementary Schools Douglass

Middle Schools Guillen

High Schools Bowie

Others

Tax ID B20299903408600

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/gepar/948077

NEARBY SCHOOL & BUSINESS

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Jackie Stevens

Texas Realtor | License ID: 558884

+1(915) 857-4663