8756 Alameda Avenue, El Paso, TX 79907

$650,000

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List Price
$650,000
Days on Market
50
MLS#
945751
Status
ACTIVE
Acres
0.54

Property Description

Excellent income-producing portfolio featuring three properties sold together with outstanding frontage on Alameda Ave. The property is currently occupied by three tenants/spaces generating a total gross annual income of $70,800. Laundry Repair Shop: $1,200/month Mechanic Shop: $1,900/month Owner-Occupied Cabinet & Granite Shop (two spaces): $2,800/month The owner is willing to lease back the cabinet and granite shop for one year, providing continued income for a new owner. All leases are gross leases, and annual property taxes are approximately $9,197. A great opportunity for investors seeking stable cash flow, strong visibility, and prime frontage along a well-traveled corridor.

Additional Information

Stories
1
Fireplaces
23570
Heating
See Remarks
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Fabian Uribe () from Listing Office: Team Juan Uribe.