Investment Opportunity - 6-Unit Multi-Family Property on 2219 Magoffin Ave
Discover a solid long-term investment with this well-maintained 6-unit multi-family property located on 2219 Magoffin Ave. All units were fully renovated in 2023, featuring new appliances, fresh interior paint, and updated tile flooring, offering modern, attractive living spaces for tenants.
The property currently consists of a mix of year-long leases and month-to-month tenants, providing both stability and flexibility for an incoming investor. Rents have not yet been increased, presenting a valuable opportunity to raise income and significantly enhance overall cash flow.
This is a rare chance to acquire a turnkey, income-producing asset with strong upside potential—perfect for investors seeking steady returns and long-term growth.
For sale
$480,000
2219 Magoffin Ave, El Paso, TX 79901
--beds
0baths
3,790sqft
Est.:
Quadruplex
Built in 1912
-- sqft lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Modern attractive living spacesNew appliancesFresh interior paint
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