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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2219 MAGOFFIN Avenue in El Paso, TX is listed for $469,500 ($124 per sqft). Built in 1912, the home offers 3,790 sqft of living space on a 0.10 acres lot.
Investment Opportunity - 6-Unit Multi-Family Property on 2219 Magoffin Ave Discover a solid long-term investment with this well-maintained 6-unit multi-family property located on 2219 Magoffin Ave. All units were fully renovated in 2023, featuring new appliances, fresh interior paint, and updated tile flooring, offering modern, attractive living spaces for tenants.
The property currently consists of a mix of year-long leases and month-to-month tenants, providing both stability and flexibility for an incoming investor. Rents have not yet been increased, presenting a valuable opportunity to raise income and significantly enhance overall cash flow. This is a rare chance to acquire a turnkey, income-producing asset with strong upside potential-perfect for investors seeking steady returns and long-term growth.
Key Features
- Built in 1912
- 0.10 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,511/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2219 MAGOFFIN Avenue
El Paso, TX 79901
Magoffin
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2219 MAGOFFIN Avenue is listed at $469,500 ($124/sqft). The estimated monthly payment is $2,035 based on 20% down at 6.5% interest.
Key features include: Built in 1912, 0.10 acre lot.
This property is listed by Jared Andrew English and can be reached at 8888814118 or english@congressrealty.com.
