5723 ALAMEDA Avenue, El Paso, TX 79905
sale
$299,900
|
Other
Courtesy Of EXIT West Realty
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
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Property Features
- Cooling System: Evaporative Cooling
- Exterior Type: Block
- Fireplace: Fireplace
- Floors: 1
- Legal Description: 4 ALAMEDA ACRES E 65 FT OF 10 & E 65 FT OF S 33 FT OF 9
- MLSID: 923481
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