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About This Home
This 0-bedroom, 0-bathroom commercial at 1101 E Rio Grande Avenue in El Paso, TX is listed for $475,000. on a 0.14 acres lot.
Multi-family property located at the corner of Rio Grande Ave and Octavio St. Fantastic investment opportunity which consists of 9 well-maintained units, all zoned for apartments, making it an ideal option for residential rental income or office space.
With its prime location, residents enjoy easy access to local shops, schools, while also being just a short drive from downtown El Paso and major transportation routes. The building is situated in a high-demand rental area, offering both convenience and potential for long-term growth.
Each unit is unique featuring functional layouts that can cater to a variety of tenants. With 9 units available, this property is perfect for an investor looking to expand their portfolio or an owner-occupant interested in managing a small apartment community. New water heaters have been installed. Don't miss this great opportunity to own a property in an up-and-coming area of El Paso. Owner FINANCE is available.
Key Features
- 0.14 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$2,540/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1101 E Rio Grande Avenue
El Paso, TX 79902
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1101 E Rio Grande Avenue is listed at $475,000. The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.
Key features include: 0.14 acre lot, 2 stories, Fireplace.
This property is listed by Rafael Terrazas and can be reached at 9152226666 or rafael@strogersrealty.com.