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Property Type 9 Or More Units
Status Active
Price Type
Distressed
Year Built 1906
Neighborhood Franklin Heights
Days on Website 57

Property Map

$375,000 – 131-141 Newman Street, El Paso, TX 79901

Street View

Courtesy of Manuel Jemente, Acala Investments, LLC.

Description

Investment opportunity in Central El Paso. Ten units plus a 2-bedroom 1 bath home (680 SF) next door. ProForma showing rents and expenses is included in the attachments to the MLS listing or available by request. Landlord only pays water/sewer. Tenants have separate electric and gas meters. Landlord only pays exterior lighting at approx. $17/mo. Owner financing available!

Property Details and Features

Amenities

  • None

Appliances and Equipment

  • See Remarks

House

  • SqFt Apx.: 4,238
  • 2 stories
  • Built in 1906
  • Brick Veneer

Cooling

  • Evaporative Cooling

Disclosures

  • Flood Zone: No
  • Lead Paint Discl: No

Disability Features

  • Handicap Access: Yes

Floors

  • None

Water

  • City

Heating

  • Forced Air
  • Natural Gas

Listing

  • Days On Market: 16
  • List Price/SqFt: $88
  • Listed on 2020-10-01

Location

  • County: El Paso
  • Subdivision: Franklin Heights

Lot

  • Apx Acres: 0.16
  • Apx SqFt Lot/Land: 6,900

Owner Pays

  • Some Utilities

Parking

  • On Street

Property

  • Buildings Total: 2
  • Total Units: 11
  • Zoning: A3

Roof

  • Pitched
  • Shingle

Schools

  • Elementary School: Hart
  • High School: Bowie
  • Middle School: Guillen
  • School District: El Paso

Sewer

  • City

Taxes

  • Apx Yearly Taxes: $8,715
  • Tax Year: 2020

Tenant Pays

  • Electricity
  • Gas

Utilities

  • Metering: See Remarks
  • All City

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