Newman House

Multi-Family for Sale
Catylist Listing ID: 30317775
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 4 Units
Building Size (RSF): 4,432 SF
Gross Building Area: 3,835 SF
Gross Land Area: 3,835 SF
Sale Price: $268,000
Unit Price: $67,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/26/2019

Overview / Comments

Beautiful antique home built in 1922 with great bones and excellent parking. The property is zoned C-4 and has the vacant land adjacent (next to) the property that is currently being used as parking. The property is divided into four apartments; one in the basement, one in the second floor, one in the third, and one in the attic. The roof was recently replaced and the property is well maintained. This property is perfect for an office space since it has a corner location and excellent parking.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: F607-999-0620-8600
Zoning: C-4
Site Description: For More Options:
Area Description: -Four apartments- One In Each Floor -Extra Land Adjacent and facing Yandell -C-4 Zoning -Can Easily Be Converted To A Beautiful Office Building -Taxes 2017: $5,136.00 -Square Footage: 3,835
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1922
Roof Type: Gable
Parking Description: 6 Spaces
Zoning Description: C4
Lot Frontage: 122 SF on Newman
Legal Description: 62 FRANKLIN HEIGHTS 31 & 32 (6000 SQ FT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,662 81,046 164,436
Median Age: 36.94 35.82 33.96
Households: 6,729 29,385 58,979


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