501 East Cliff Drive

El Paso, TX 79902

$450,000
Price
Beds
2,968 Sq. Ft.
$152 / Sq. Ft.
2,968
Sq. Ft.
$152
per Sq. Ft.

Description

This property offers significant potential, making it an excellent addition to any investment portfolio. With strong cash flow prospects and the opportunity for further growth, it presents a solid financial opportunity. The property consists of five units, including four studio apartments and one three-bedroom unit. Additionally, the spacious basement, which spans over 1,000 square feet, provides further possibilities for expansion or rental income. Conveniently located near UTEP and downtown, this...This property offers significant potential, making it an excellent addition to any investment portfolio. With strong cash flow prospects and the opportunity for further growth, it presents a solid financial opportunity. The property consists of five units, including four studio apartments and one three-bedroom unit. Additionally, the spacious basement, which spans over 1,000 square feet, provides further possibilities for expansion or rental income. Conveniently located near UTEP and downtown, this well-maintained property is ideally positioned for both tenants and long-term growth.
  1. Listed by Hector Arroyo • TREC #0811541 • Real Estate Consulting Firm
    C: (915)-449-1770 Hector_arroyo@outlook.com
  2. Listed by Rosario Carrasco-Arroyo • TREC #0516043 • Real Estate Consulting Firm
    C: (915)-474-0041 rosariocarroyo@outlook.com

Property Details for 501 East Cliff Drive

School District
El Paso
Subdivision
Alexander
Num of Parking Spaces
1.00
Parking
On Street
Zoning
R1
Cooling
Evaporative Cooling, Window Unit(s)
Construction
Stucco
LISTING UPDATED: 12/02/2024 08:14 PM

Property Details for 501 East Cliff Drive

StatusActive
MLS #913046
Days on Market7
Taxes$3,967 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Quadruplex
Year Built1925
Lot Size0.83 AC / 36,154 SF
CountyEl Paso County

Building Information for 501 East Cliff Drive

Stories-Residences-Year Built1925Building Size-Lot Size0.83 AC / 36,154 SF

Property Information for 501 East Cliff Drive

Summary
Location and General Information
  • Buildings Total: 1
  • Elementary School: Lamar
  • Middle School: Wiggs
  • High School: Elpaso
  • Handicap Access: No
  • County: El Paso
  • High School District: El Paso
  • Mobile Length: 1
  • Mobile Width: 5
Taxes and HOA Information
  • Tax Year: 2024
  • Tax Legal Description: 42 ALEXANDRER W 40 FT OF 18 TO 20 & W 40 FT OF S 12 OF 17 (3600 SQ FT)
  • Hoa Dues: $.00
  • Tax Annual Amount: $3,967.00
Property
Lot Information
  • Apx Acres 2: .83
  • Parcel ID: A46299904206600
  • Lot Size Acres: 0.83
  • Lot Size Square Feet: 36154.8
  • Apx SqFt Lot/Land: 3,598.00
Property and Assessments
  • General Property Info:Flood Zone: No
  • Special Listing Conditions: Lead Paint Hazard
  • Total Floor Plans Count: 0
  • Property Type: Multi-Family
  • Year Built: 1925
  • Apx Sqft - Main: 2,968.00
  • Property Sub-Type: Quadruplex
  • Lot Size Area: .83
  • Lot Size Units: Acres
  • Exemptions:Unknown: Yes
Utilities
  • Heating: Forced Air, Natural Gas
  • Water: City
  • Sewer: City
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Other Structures:None: Yes
Interior Features
  • Flooring: Laminate, Wood
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Appliances: Refrigerator, Gas Cooktop
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Total Stories Num: 2
  • Units for Sale: 5
  • Lead Paint Discl: Yes
  • Rental Info:6 Months: Yes
  • Rental Info:Late Fees: Yes
  • Rental Info:Month To Month: Yes
  • Rental Info:Yearly Lease: Yes
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 501 East Cliff Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 501 East Cliff Drive

Taxable ValueLand$37,584Additions$362,873Total$400,457
Tax Record2023$9,145 ($762 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,968 SqFtAbove Grade Finished SqFt2,968 SqFtStories1Lot Size3,598 SqFtStyleSingle Family ResidenceYear Built1925ZoningR5CountyEL PASOAPNA462-999-0420-6600Fireplace TypeHas Fireplace

Schools near 501 East Cliff Drive

This home is within El Paso Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Lamar Elementary School
PublicPK to 5

Wiggs Middle School
Public6 to 8

El Paso High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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501 East Cliff Drive is a multi-family home for sale in El Paso, TX 79902. This property was listed for sale on November 27, 2024 by Real Estate Consulting Firm, it's currently listed at $450,000. This listing's school district is El Paso Independent School District. Nearby schools include Lamar Elementary School, Wiggs Middle School and El Paso High School. 501 East Cliff Drive is a 0-bed, 0-bath, 2,968 sqft multi-family home built in 1925.

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Listing Courtesy of Real Estate Consulting Firm

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.