404 & 406 French Place Unit #1-8, El Paso, TX 79905

$389,000
2,193
SqFt

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List Price
$389,000
Days on Market
20
MLS#
947244
Status
ACTIVE UNDER CONTRACT
Sq. Ft
2,193
Acres
0.24
Subdivision
Kyle
Year Built
1951

Property Description

Outstanding investment opportunity in the desirable Lower Valley of El Paso! This well-maintained 8-unit multifamily property is 100% occupied with long-term tenants, providing immediate and consistent cash flow from day one. The property's strong occupancy history reflects stable rental demand and dependable income potential, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor looking to expand your holdings or entering the multifamily market, this property offers a rare combination of stability, proven performance, and long-term upside. Conveniently located near schools, shopping, restaurants, parks, and major thoroughfares, the property enjoys a prime location that continues to attract and retain tenants.

Additional Information

Taxes
$5,960
Stories
1
Appliances
Free-Standing Gas Oven, Range Hood, Refrigerator
Heating
Forced Air, Natural Gas, See Remarks, Central
Sewer
Public Sewer
Elementary School
Clardy
Middle School
Henderson
High School
Jefferson

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Liliana Quevedo Sutcliffe () from Listing Office: The Real Estate Power Houses.