404 & 406 French Place Unit #1-8, El Paso, TX 79905
- $389,000
- 2,193
- SqFt
- List Price
- $389,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 30
- MLS#
- 947244
- Subtype
- Residential Income
- Year Built
- 1951
- Living Area
- 2,193
- Lot Size
- 1,460
- Acres
- 0.24
- Subdivision
- Kyle
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.
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Additional Information
- Taxes
- $5,960
- Financing
- Cash, Conventional, FHA, VA Loan
- Appliances
- Free-Standing Gas Oven, Range Hood, Refrigerator
- Heating
- Forced Air, Natural Gas, See Remarks, Central
- Stories
- 1
- Parking Features
- On Street
- Elementary School
- Clardy
- Middle School
- Henderson
- High School
- Jefferson
Mortgage Calculator
Listing courtesy of Listing Agent: Liliana Quevedo Sutcliffe () from Listing Office: The Real Estate Power Houses.