421 Panahi RD, Socorro, TX 79927
421 Panahi RD, Socorro, TX 79927
421 Panahi RD, Socorro, TX 79927
21
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Listed by Leon Realty Group, LLC
$380,000
Est. payment /mo
8 Beds
6 Baths
2,862 SqFt
Pending

421 Panahi RD Socorro, TX 79927

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,862 sqft

Price per Sqft $132

Subdivision Friedman Estates

MLS Listing ID 933660

Style 2 Story

Bedrooms 8

Full Baths 4

Half Baths 2

HOA Y/N No

Year Built 1987

Annual Tax Amount $9,261

Lot Size 9,542 Sqft

Acres 0.22

Property Sub-Type Quadruplex

Source Greater El Paso Association of REALTORS®

Property Description

A solid income property in a strong rental area! This well-maintained four-plex offers two 1-story units (2 bed / 1 bath / 591 sq ft) and two 2-story units (2 bed / 1 bath / 840 sq ft). Each unit features tile flooring, washer/dryer hookups, free-standing gas oven, and individual electric/gas meters. Central heating and evaporative cooling keep maintenance simple and costs low.
Located between Socorro Rd and Alameda Ave in the Socorro ISD, this property benefits from steady rental demand and easy access to schools, shops, and major routes. Current gross income is approximately $36,000 per year, with room to increase rents and maximize overall revenue. Owner pays only water and sewer.

Location

State TX

County El Paso

Community Friedman Estates

Zoning R1

Rooms

Other Rooms None

Interior

Interior Features Ceiling Fan(s), Handicap Access

Heating Natural Gas, Central

Cooling Ceiling Fan(s), Evaporative Cooling

Flooring Tile

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows,No Treatments

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature See Remarks

Parking Features Attached, Parking Pad

Fence Fenced, Back Yard

Pool None

Amenities Available None

Roof Type Flat

Porch Open

Private Pool No

Building

Lot Description Corner Lot, Standard Lot

Story 2

Sewer Public Sewer

Water City

Architectural Style 2 Story

Level or Stories 2

Structure Type Stucco

New Construction No

Schools

Elementary Schools Escontrias

Middle Schools Socorrom

High Schools Socorro

Others

HOA Fee Include None

Tax ID F80000202100280

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/gepar/933660


Nearby Locations

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Jese Gonzalez
Jese Gonzalez

Agent | License ID: 538323

+1(915) 549-1962

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421 Panahi RD