633 Barcelona Drive, El Paso, TX 79905

$287,000
1,287
SqFt

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List Price
$287,000
Status
ACTIVE
Days on Market
116
MLS#
918038
Subtype
Residential Income
Year Built
1951
Living Area
1,287
Lot Size
7,500
Acres
0.17
Subdivision
Clardy Fox

Property Description

633 Barcelona Drive presents an amazing opportunity to acquire a multi-tenant property designed for maximum rental income. Featuring a multi unit complex with a mix of one-bedroom, two-bedroom, and studio apartments, this property caters to a broad tenant base in a robust rental market (54% renters!). Recent updates, including refreshed flooring and paint in select units. Situated near key employment sectors including healthcare and retail, you'll enjoy consistent occupancy and strong returns. Benefit from El Paso's growing market and capitalize on a property primed for both immediate cash flow and long-term appreciation. Don't miss out on this strategic investment in a high-demand rental area

Additional Information

Taxes
$2,024
Financing
Cash
Appliances
Washer Hookup
Heating
Wall Furnace
Stories
1
Parking Features
On Street, Unpaved
Elementary School
Cooley
Middle School
Ross
High School
Jefferson

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cristian Anibal Olague () from Listing Office: Cap Rate Real Estate Group.