427 Emerson Street, El Paso, TX 79915

$245,000
2,070
SqFt

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List Price
$245,000
Days on Market
0
MLS#
947843
Status
ACTIVE
Sq. Ft
2,070
Acres
0.18
Subdivision
North Loop Gardens
Year Built
1948

Property Description

Expand your real estate portfolio with this established multifamily asset located at 427 Emerson St. Designed for straightforward management, this property features four distinct units, each offering a functional one-bedroom, one-bathroom layout. A major advantage for any buyer is the property's current status: it is 100% occupied with active leases in place, ensuring you inherit a fully leased property from day one without the immediate need to market vacancies or find new tenants. The location offers excellent day-to-day convenience for residents, sitting directly within the Ysleta Independent School District and providing close proximity to nearby elementary, middle, and high schools. This quadplex represents a solid multi-unit asset for investors seeking a fully leased property with long-term rental potential. Whether you are looking to grow an existing portfolio or acquire an established multi-family asset in the El Paso area, this property delivers a practical layout and immediate operational stability

Additional Information

Taxes
$6,119
Stories
1
Appliances
Gas Cooktop, Water Heater
Heating
Forced Air
Sewer
Public Sewer
Elementary School
Northloop
Middle School
Bel Air
High School
Belair

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cristian Anibal Olague () from Listing Office: Cap Rate Real Estate Group.