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About This Home
This 3-bedroom, 4-bathroom single family at 5723 Alameda Avenue unit: A in El Paso, TX is listed for $294,900 ($176 per sqft). Built in 1951, the home offers 1,678 sqft of living space on a 0.24 acres lot.
Incredible investment opportunity on one of El Paso's busiest corridors! Located at 5723 Alameda Ave, this property features a total of 10,618 sqft of land with multiple income-producing spaces and endless potential. The main structure includes approximately 1,678 sqft of construction plus a garage and covered area ideal for an auto repair shop currently leased for $1,400/month.
The front retail space (approx. 290 sqft) is leased for $400/month and perfect for a small business like a barber or stylist. There's also a 1-bedroom apartment of about 700 sqft generating $750/month in rental income. Additionally, a detached home of roughly 1,000 sqft could bring in another $1,000/month-currently owner-occupied but easily rentable.
Live on-site, run your business, or lease out all units for strong cash flow. With the flexibility to configure the property to fit your needs, this is a unique opportunity for both owner-users and investors looking to establish or expand in a high-visibility, high-traffic location
Key Features
- Built in 1951
- 0.24 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,577/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5723 Alameda Avenue unit: A
El Paso, TX 79905
Alameda Acres N
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Questions & Answers
This 3-bedroom, 4-bathroom single family at 5723 Alameda Avenue unit: A is listed at $294,900 ($176/sqft). The estimated monthly payment is $1,278 based on 20% down at 6.5% interest.
Key features include: Built in 1951, 0.24 acre lot. Interior Features: Ceiling Fan(s).
This property is listed by Fernando Bustamante and can be reached at 9153199004 or fernandorealtor9@gmail.com.
