3798 Obadiah Lane, El Paso, TX 79938
- $250,000
- 1,872
- SqFt
- List Price
- $250,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 951529
- Subtype
- Residential Income
- Year Built
- 1987
- Living Area
- 1,872
- Lot Size
- 14,810
- Acres
- 0.34
- Subdivision
- Tillicum
Property Description
Investor opportunity with immediate income and room to grow! This income producing triplex offers a versatile unit mix featuring a 1 bedroom, 1 bath in Unit A and two 2 bedroom, 1 bath units. Units A and B are currently leased month-to-month at $850 each, generating $1,700 in monthly rental income. Unit C is vacant and projected to rent for $950 per month, bringing the potential total rental income to $2,650 per month or $31,800 annually. Recent improvements include a new roof, mini-split heating and cooling systems in all three units, upgraded 200amp electrical panel, fresh exterior paint, and a remodeled bathroom in Unit C. The septic tank has also recently been cleaned and serviced. Whether you're looking to expand your rental portfolio or live in one unit while collecting income from the others, this triplex offers flexibility and strong investment potential!
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Additional Information
- Taxes
- $4,086
- Financing
- Cash, Conventional, FHA
- Appliances
- Free-Standing Gas Oven, Refrigerator, Gas Water Heater
- Heating
- Electric, See Remarks
- Stories
- 1
- Parking Features
- 2+ Spaces per Unit
- Elementary School
- Montanav
- Middle School
- East Montana
- High School
- Mountainv
Mortgage Calculator
Listing courtesy of Listing Agent: Candelaria Garcia () from Listing Office: EXIT Southwest Realty.