Incredible investment opportunity on one of El Paso's busiest corridors! Located at 5723 Alameda Ave, this property features a total of 10,618 sqft of land with multiple income-producing spaces and endless potential. The main structure includes approximately 1,678 sqft of construction plus a garage and covered area ideal for an auto repair shop currently leased for $1,400/month. The front retail space (approx. 290 sqft) is leased for $400/month and perfect for a small business like a barber or stylist. There's also a 1-bedroom apartment of about 700 sqft generating $750/month in rental income. Additionally, a detached home of roughly 1,000 sqft could bring in another $1,000/month—currently owner-occupied but easily rentable. Live on-site, run your business, or lease out all units for strong cash flow. With the flexibility to configure the property to fit your needs, this is a unique opportunity for both owner-users and investors looking to establish or expand in a high-visibility, high-traffic location
For sale
Price cut: $10.1K (9/23)
$299,900
5723 Alameda Ave #A, El Paso, TX 79905
3beds
1,678sqft
Est.:
Single Family Residence
Built in 1951
10,454.4 Square Feet Lot
$281,600 Zestimate®
$179/sqft
$-- HOA
What's special
- 144 days |
- 127 |
- 3 |
- Loading
- Loading