4023 Lincoln Avenue Unit #1-3, El Paso, TX 79930
- $152,500
- 1,155
- SqFt
- List Price
- $152,500
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 908830
- Subtype
- Multi-Family
- Year Built
- 1950
- Living Area
- 1,155
- Lot Size
- 6,098
- Acres
- 0.14
- Subdivision
- Morningside Heights
Property Description
Welcome to this unique triplex, offering three studio units, each approximately 375 square feet. Each unit boasts its own unique configuration, providing a distinct living experience. All units are equipped with modern refrigerated mini-split systems, ensuring comfort year-round. Situated on a spacious lot, this property presents a fantastic opportunity for investors. Expand your portfolio with the potential to build additional units or enjoy immediate income from the existing ones. Live in one unit and rent out the other two for a steady cash flow. Currently, two out of the three units are occupied, providing immediate rental income. Additionally, there is a laundry room on-site with the potential to add a coin-operated machine for extra income. The backyard is currently divided for each tenant, but it could be transformed into a wonderful, shared courtyard. Don't miss out on this exceptional investment opportunity! TENAT OCCUPIED DND
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Additional Information
- Taxes
- $3,448
- Financing
- 1031 Exchange, Cash, Conventional, Owner May Carry
- Appliances
- Refrigerator, Free-Standing Gas Oven
- Heating
- Central, See Remarks
- Parking Features
- 1 Space Per Unit
- School District
- El Paso
- Elementary School
- Crockett
- Middle School
- Bassett
- High School
- Capt J L Chapin High
Mortgage Calculator
Listing courtesy of Listing Agent: Vanesa McCann () from Listing Office: Keller Williams Realty.