$310,000
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2201 MAGOFFIN AVE El Paso, TX 79901
4,077 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,077 sqft
Price per Sqft $76
Subdivision Bassett
MLS Listing ID 949604
Sold Date 09/17/26
Year Built 1935
Annual Tax Amount $8,123
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Source Greater El Paso Association of REALTORS®
Property Description
Excellent Investment Opportunity in Central El Paso. Discover the potential of this 10-unit apartment complex ideally located in Central El Paso. With all 10 units currently occupied, this property offers an investor the opportunity to acquire an established income producing multifamily asset with immediate rental income.
The property may benefit from some updating and improvements, providing the next owner with an opportunity to enhance the units, increase overall property appeal, and potentially add long-term value. Its central location offers convenient shopping, dinning, schools, employment centers and other El Paso amenities
Whether your looking to expand an existing portfolio or add a multifamily investment to your holdings, this fully occupied 10-unit property offers a combination of current income and future upside potential.
Location
State TX
County El Paso
Community Bassett
Zoning R1
Rooms
Other Rooms Shed(s)
Interior
Heating Electric
Cooling Evaporative Cooling, Window Unit(s)
Exterior
Parking Features On Street, Paved
Utilities Available All City
Roof Type Flat
Building
Building Description See Remarks, None
Sewer Public Sewer
Water City
Structure Type See Remarks
Schools
Elementary Schools Douglass
Middle Schools Guillen
High Schools Bowie
Others
Tax ID B20299903404600
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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