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Listed by Jaimes Realty Inc.

$ 625,000

Est. payment -/mo

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Active

114 NW Davis ST Fabens, TX 79838

6,300 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $99

Subdivision Fabens

MLS Listing ID 950580

Year Built 2019

Annual Tax Amount $7,716

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Quadruplex

Source Greater El Paso Association of REALTORS®

Property Description

Exceptional income-producing opportunity in growing Fabens, TX! Offered at approximately $78,000 per APARTMENT unit, an outstanding value that would be extremely difficult to duplicate at today's new-construction costs. This well-maintained 8-unit complex is 100% occupied and includes 2 studios, 1 one-bedroom and 5 two-bedroom units. Each unit features a full kitchen and bath, stove, refrigerator and A/C. Excellent tenant retention, with residents staying 2-6 years and two tenants since opening in 2020. Property includes 12 Wi-Fi/app-accessible security cameras, providing added peace of mind for tenants. Coin-operated laundry with 2 washers/2 dryers generates approximately $250-$350 monthly additional income. Landlord pays water; tenants pay electricity and gas. Turnkey investment with established income and strong rental history! DO NOT DISTURBED TENANTS

Location

State TX

County El Paso

Community Fabens

Zoning C1

Rooms

Other Rooms Storage

Interior

Heating Central

Cooling Ceiling Fan(s), Refrigerated

Flooring Tile

Exterior

Parking Features Assigned

Utilities Available All City, All Utilities

Roof Type Flat,Shingle

Building

Building Description Adobe,Block, CTV Area,Laundry Equip - Owned,Outside Lights

Sewer Public Sewer

Water City

Structure Type Adobe,Block

Schools

Elementary Schools Fabens

Middle Schools Fabens

High Schools Fabens

Others

Tax ID F08200002100800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/gepar/950580

Tori Lynn Rivera

Broker

+1(915) 504-4670 | torilynnrivera@gmail.com

114 NW Davis ST Fabens, TX 79838

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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114 NW Davis ST