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Listed by The Real Estate Power Houses

$468,900

Est. payment - /mo

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6,568 SqFt

New

505 W MISSOURI El Paso, TX 79901

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Key Details

Property Type Multi-Family

Sub Type House Plus Unit(s)

Listing Status Active

Purchase Type For Sale

Square Footage 6,568 sqft

Price per Sqft $71

Subdivision Stevens

MLS Listing ID 952324

Year Built 1913

Annual Tax Amount $6,027

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type House Plus Unit(s)

Source Greater El Paso Association of REALTORS®

Property Description

EXCELLENT INVESTMENT OPPORTUNITY IN DOWNTOWN EL PASO! This four-unit multifamily property offers an opportunity for investors seeking rental income, long-term growth and future appreciation potential. Each apartment features 2 bedrooms and 1 bathroom, with separate utilities and individual addresses. Rent all four units for income or live in one while collecting rent from the other three to help offset housing expenses. Conveniently located near Southwest University Park, UTEP, hospitals, restaurants, shopping and I-10. Situated next to the separately listed 515 W Missouri eightplex, offering investors a unique opportunity to acquire neighboring multifamily properties. Whether expanding your portfolio or purchasing your first investment property, this property offers flexibility, location and income potential.

Location

State TX

County El Paso

Community Stevens

Zoning A3

Rooms

Other Rooms Storage

Interior

Heating Central

Cooling Ceiling Fan(s), Evaporative Cooling, Refrigerated

Flooring Brick, Hardwood, Tile, Wood

Exterior

Parking Features On Street

Roof Type Shingle,See Remarks

Building

Building Description Brick,Wood Siding, Laundry Community,See Remarks

Sewer Public Sewer

Water City

Structure Type Brick,Wood Siding

Schools

Elementary Schools Aoy

Middle Schools Guillen

High Schools Bowie

Others

Tax ID S636999000A5300

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, TX Veteran, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, TX Veteran, VA Loan

Special Listing Condition Owner Agent

Virtual Tour https://www.propertypanorama.com/instaview/gepar/952324

NEARBY SCHOOL & BUSINESS

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Jackie Stevens

Texas Realtor License ID: 558884

+1(915) 857-4663