1820 W Paisano Drive Unit #9, El Paso, Texas 79922

$425,000
3,291
SqFt
List Price
$425,000
Price Change
▼ $75,000 1572419716
Days on Market
96
MLS#
813623
Status
ACTIVE
Sq. Ft
3,291
Acres
0.34
Subdivision
Old Fort Bliss
Year Built
1928

Property Description

9 unit multi family zoned M2. There are (5) studio apartments, (3) 1 bedroom, and (1) 2 bedroom units. Investment property is next to a city park, 5 minutes to UTEP, EPCC, Downtown, Las Palmas, Providence, Southwest University stadium, and all downtown and Mesa St have to offer. Apartments have newer plumbing, electrical, and water efficient toilets, windows, doors, with LOW maintenance. Property taxes are low compared to similar properties. This means more monthly cash flow.In 2016, Government is invested 37 million dollars in highway system that connects these apartments to UTEP, downtown, and major highways. This year, the government is spending even more on the Loop 375 connection project meaning more access and traffic to apartment building. Opportunity to add a laundry site to increase Cashflow another 150 to 350 per mo.

Additional Information

Taxes
$3,998
Roof
Shingle
Flooring
Tile
Construction
Brick
Amenities
Outside Lights, Playground, See Remarks
Appliances
Free-Standing Gas Oven, Hot Water Tank, Range Hood, Refrigerator
Utilities
All City, All Utilities, Cable Available, Electric Connected, Gas Meter on Prop
Parking Spaces
18
Cooling
Evaporative Cooling
Heating
Natural Gas
Water
City
Sewer
City
School District
EL PASO
Elementary School
Vilas
Middle School
Wiggs
High School
Elpaso

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of New Beginnings Realty.