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$399,500
948077 MLS
Excellent investment opportunity in the heart of Downtown El Paso! This fully remodeled 6-unit multifamily property offers immediate income with all six units currently leased. Each unit has been tastefully updated and features energy-efficient mini-split heating and refrigerated air systems, modern finishes, and attractive living spaces that appeal to today's tenants. Situated in the historic Magoffin neighborhood just minutes from Downtown El Paso, UTEP, hospitals, the Medical Center, shopping, dining, entertainment, and the international bridges, this property enjoys a highly desirable rental location. Strong occupancy, updated interiors, and excellent proximity to major employers and transportation make this a turnkey investment with outstanding long-term potential. Don't miss this rare opportunity to own a fully occupied, income-producing multifamily property .

2219 Magoffin Avenue, El Paso

$339,000
945575 MLS
Unique 2-unit income-producing property in Central El Paso offering flexibility, cash flow, and value-add potential. The front unit is currently leased at $1,260 per month, providing immediate income, while the rear 4-bedroom, 1-bath unit offers an opportunity to build equity through updates and improvements (estimated renovation budget of $20,000-$25,000). Ideal for investors seeking multiple income streams or buyers looking for a live/work setup with income-producing potential. Located within an Opportunity Zone, which may offer potential tax advantages for qualifying investors (buyer to verify). Conveniently situated along the Montana corridor with excellent accessibility and long-term redevelopment potential. Buyers intending to occupy the residential unit should verify zoning, occupancy requirements, and intended use with the City of El Paso. All property information, uses, zoning, permits, dimensions, and investment assumptions should be independently verified by buyer.

2429 Montana Avenue, El Paso