501 East Cliff Drive
$450,000
—
2,968
2,968
$152
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.
- Listed by Hector Arroyo • TREC #0811541 • Real Estate Consulting FirmC: (915)-449-1770 Hector_arroyo@outlook.com
- Listed by Rosario Carrasco-Arroyo • TREC #0516043 • Real Estate Consulting FirmC: (915)-474-0041 rosariocarroyo@outlook.com
Property Details for 501 East Cliff Drive
School District
El Paso
SubdivisionAlexander
Num of Parking Spaces1.00
ParkingOn Street
ZoningR1
CoolingEvaporative Cooling, Window Unit(s)
ConstructionStucco
LISTING UPDATED: 12/02/2024 08:14 PM
Property Details for 501 East Cliff Drive
Status | Active |
---|---|
MLS # | 913046 |
Days on Market | 7 |
Taxes | $3,967 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Quadruplex |
Year Built | 1925 |
Lot Size | 0.83 AC / 36,154 SF |
County | El 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
Property History for 501 East Cliff Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Young Women's Steam Research & Preparatory Academy Public6 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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