A solid income property in a strong rental area! This well-maintained four-plex offers two 1-story units (2 bed / 1 bath / 591 sq ft) and two 2-story units (2 bed / 1.5 bath / 840 sq ft). Each unit features tile flooring, washer/dryer hookups, free-standing gas oven, and individual electric/gas meters. Central heating and evaporative cooling keep maintenance simple and costs low.
Located between Socorro Rd and Alameda Ave in the Socorro ISD, this property benefits from steady rental demand and easy access to schools, shops, and major routes. Current gross income is approximately $36,000 per year, with room to increase rents and maximize overall revenue. Owner pays only water and sewer.
For sale
$380,000
421 Panahi Rd, El Paso, TX 79927
8beds
2,862sqft
Est.:
Quadruplex
Built in 1987
-- sqft lot
$374,100 Zestimate®
$133/sqft
$-- HOA
What's special
Tile flooringCentral heatingEvaporative coolingFree-standing gas oven
- 18 hours |
- 20 |
- 2 |
Likely to sell faster than
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