Turn-Key Duplex Investment
5901 Tampa Ave, El Paso, TX 79905
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Secure a rare find with this off market fully occupied duplex, perfectly positioned for immediate cash flow in the thriving affordable end of the El Paso market.
• Current Cash Flow: Both sides are tenant-occupied and generating a reliable rental income of $1,658 per month. Start earning from day one
• Independent Operations: Maintenance and expense tracking are effortless, as both units feature completely separate water, electric, and gas meters. Separate utility meters means tenants manage their own utilities reducing the financial liability and accounting needs of this turn-key asset
• Heating and Cooling: Both units are equipped with independent ducted mini-split systems for personalized heating and cooling
• A new roof in 2023
• Plenty of Private Outdoor Space: A significant tenant draw, each residence provides its own private front and back yards and on site parking
UNIT DETAILS
• UNIT A features two bedrooms and two full bathrooms. It has been fully updated with new tile flooring throughout and includes hookups for a stackable washer and dryer.
• UNIT B includes two bedrooms and one bathroom, complete with a convenient washing machine hookup (note: no dryer hookup).
Unit Sizes
The total finished area is roughly 1,300 square feet. Each apartment is approximately 650 square feet (Actual Square footage measurements shall be part of your due diligence)
Premier Location and Rarity
The strategic, central location of this property places it in the middle of El Paso, offering tenants and owners fast, convenient access to the entire city via major arteries, including I-10 and the Patriot Freeway (Highway 54).
This is a truly rare find in the El Paso market: - a legally-zoned duplex with the highly desirable setup of all separate utilities.
For sale by owner
$173,000
5901 Tampa Ave, El Paso, TX 79905
4beds
1,300sqft
Est.:
MultiFamily
Built in 1959
-- sqft lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Convenient washing machine hookupOn site parkingIndependent ducted mini-split systemsNew roof
- 7 days |
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