Tim Fish - Coldwell Banker Legacy

BORDERLAND HGTS

6453 Songland Rd, El Paso, TX 79932

Description

LOOKING TO FIND THE PERFECT INVESTMENT PROPERTY. THIS QUADPLEX OFFERS EVERYTHING AND INVESTOR CAN DREAM OF. IT HAS FOUR UNITS THAT HAVE AN AVERAGE OF 7 YEARS RENT PER TENANT. THAT MEANS STEADY CASH FLOW IN YOUR POCKETS. EACH UNIT IS WELL TAKEN CARE OF AND EVEN OFFERS BRAND NEW PACKAGED REFRIGERATED/FURNACE SYSTEMS FOR EACH UNIT(ALL INSTALLED DEC). EACH UNIT OFFERS AN OPEN LIVING AREA, 2 BEDROOMS, 1 RESTROOM. OUTBACK YOU WILL FIND THAT EACH UNIT HAS A COVERED PATIO FOR TENANTS TO RELAX. UPFRONT HAS 2 NEW CARPORTS WHICH OFFER EACH UNIT ONE PARKING SPACE. IT IS CLOSE TO OUTLET MALL, I-10, TRANS MOUNTAIN, RUDY'S, BOB O'S, HIKING, AND MANY OTHER ACTIVITIES TO KEEP YOU BUSY. THIS PROPERTY SITS ON ONE ACRE OF LEVEL LAND. GAS/WATER LINES HAVE ALREADY BEEN RAN FOR YOU TO BUILD MORE UNITS. POSSIBILITIES ARE ENDLESS FOR SOMEBODY LOOKING TO HAVE A STEADY CASH FLOW FOR YEARS TO COME. THERE ARE FOUR UNITS ON PROPERTY EACH RENTING FOR $680. GREAT INVESTMENT PROPERTY.

Details

MLS#740036
StyleTown House
Sub-TypeResale
StatusActive
Year1962
Days On Site234

Features

Bed(s)2
Bath(s) 1 Full
SQ Feet1,612
Car PortYes
Story(s)1 Story
Acreage0.92

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Area Information

StateTX
CountyEL PASO
CityEl Paso
Zip Code79932
AreaEL PASO
Community NameBORDERLAND HGTS
School DistrictCANUTILLO
Elementary SchoolCANUTILLO
Middle SchoolALDERETE
High SchoolCANUTILLO
Listing VS Median (in BORDERLAND HGTS)
Price:
$450,000
low | high
Med:
$287,500
86.111111111111% of Average
SqFt:
1,612
low | high
Med:
1,520
55.707196029777% of Average
$ / SqFt:
$279
low | high
Med:
$183
84.32150638033% of Average
On Site:
234
low | high
Med:
123.500000
100% of Average
Listing Updated: 09/23/2018
MLS Number: 740036
Listing Provided By:
Martin Cazares  of  Moreno Real Estate Group