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Listed by REAL Broker LLC
$364,900
Est. payment /mo
6,098 SqFt
New
2429 MONTANA AVE El Paso, TX 79903
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,098 sqft
Price per Sqft $59
MLS Listing ID 942543
Lot Size 6,098 Sqft
Acres 0.14
Source Greater El Paso Association of REALTORS®
Property Description
This is one of those properties that just makes sense the second you see it. Right on Montana, you've got a front space already rented at $1,260/month--real income from day one that can cover a big chunk of your mortgage. In the back, a 4-bedroom, 1 bath home with solid space and layout is ready to be brought to life, offering the chance to create it your way and build real equity with updates (estimated $20K-$25K). The setup is what truly stands out--perfect for an attorney, or professional looking to run a business in a high-visibility location while living on-site, or for an investor seeking dual-income potential. Located within an Opportunity Zone, offering potential tax advantages for long-term investors (buyer to verify). This offers the opportunity to update and create additional value over time. Properties like this don't come around often, and if you can see the vision, this one is worth a closer look.
Location
State TX
County El Paso
Zoning SD
Rooms
Other Rooms Garage(s), Second Residence
Interior
Heating Central, Forced Air
Cooling Multi Units
Fireplaces Number 6000
Fireplace Yes
Exterior
Parking Features 2+ Spaces per Unit
Garage Spaces 2.0
Utilities Available All City
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer
Water City
Level or Stories 2
Structure Type Brick
Others
Tax ID B20299909007100
Acceptable Financing FHA 203(k), Cash, Conventional
Listing Terms FHA 203(k), Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/gepar/942543
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