436 Emerson Street, El Paso, TX 79915

$290,000

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List Price
$290,000
Status
ACTIVE
Days on Market
68
Price Change
▼ $20,000 1783476355
MLS#
944920
Subtype
Commercial Sale
Acres
0.23
Subdivision
Linda Vista

Property Description

Welcome to 436 Emerson St, El Paso, TX -- a rare opportunity to own a versatile, income-producing property situated on a spacious 0.23-acre lot with room for future development. This multi-family property features 6 well-maintained 1-bedroom, 1-bath units, each currently renting at $500 per month, generating immediate and consistent cash flow. Comfortable and functional living space ideal for additional rental income or owner occupancy. The oversized lot provides additional space to potentially build more units, creating an excellent value-add opportunity for investors looking to increase cash flow and maximize returns (buyer to verify zoning and development requirements). Whether you're expanding your portfolio or looking for a live-in investment property, this unique offering delivers multiple income streams with future upside. Don't miss out!

Additional Information

Financing
Cash, Conventional, 1031 Exchange
Heating
Wall Furnace
Stories
1
Parking Features
1 Space Per Unit

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christopher Rodriguez () from Listing Office: Moreno Real Estate Group.