404 & 406 French Place, El Paso, TX 79905

$389,000

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List Price
$389,000
Days on Market
21
MLS#
947239
Status
ACTIVE UNDER CONTRACT
Acres
0.17
Subdivision
Kyle

Property Description

Outstanding investment opportunity in the desirable Lower Valley of El Paso! This well-maintained 8-unit multifamily property is 100% occupied with long-term tenants, providing immediate and consistent cash flow from day one. The property's strong occupancy history reflects stable rental demand and dependable income potential, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor looking to expand your holdings or entering the multifamily market, this property offers a rare combination of stability, proven performance, and long-term upside. Conveniently located near schools, shopping, restaurants, parks, and major thoroughfares, the property enjoys a prime location that continues to attract and retain tenants. Both parcels 404 French and 406 French need to be sold together.

Additional Information

Stories
1
Fireplaces
14650
Heating
Forced Air, Wall Furnace, Central
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Liliana Quevedo Sutcliffe () from Listing Office: The Real Estate Power Houses.