Active

1009 N Florence Street

El Paso TX, 79902

$610,000


$138.48 per sqft

Active

4,405 sqft

Multi-family

Built in 1910

Prime Investment Opportunity: Profit-Generating Multi-Family Gem!

Discover an enticing investment opportunity in this meticulously designed Multi-Family Apartment Building boasting 12 units, each strategically rented by the room. This innovative approach allows for maximized rental income as tenants lease individual bedrooms while sharing the delightful common spaces including a spacious kitchen, cozy living room, and four well-appointed bathrooms.
The property layout is thoughtfully planned for diversity, featuring 4 units on the ground level, 5 units on the second floor, 1 unit in the basement, and an additional unit in the rear outbuilding. Each unit offers a comfortable 1-bedroom arrangement, and the outbuilding unit provides an added touch of exclusivity with its private bathroom.
Investors, this is your chance to secure a stable and high-yield income stream in a sought-after location.

Don't miss out on this opportunity to enhance your real estate portfolio with a property primed for success!

910943

MLSⓇ ID

October 21, 2024

Listed

December 2, 2024

Updated

Map

1009 N Florence Street
El Paso TX, 79902

Interior Features

Appliances

Refrigerator


Floor Description

Carpet, Hardwood, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Refrigerated, Window Unit(s)


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.11 Acres


Roof

Composition, Pitched


Sewer

City

School Information

School District

El Paso


High School

Elpaso


Elementary School

Lamar

Other Property Details

Taxes

$6,993


Tax Frequency

Annually


Days on Market

43


Garage

No


Parking

On Street, Street Only


Parking Total

0


View

No


County

El Paso


Water Source

City


Pool

No


Zoning

A2

Listing History

Date

Event

Price

11/21/2024

Price change

$610,000

-3%

Courtesy of Lloyd William Sumner with Think of Realty
Listing Contact:  

Based on information from the Greater El Paso Association of REALTORS® as of 12/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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