9020 NORTON Street is listed for sale at $ 350,000. This is a Multi-Family property. 3000 square feet and was built in 1980. The lot size is 0.16 Acres. ##BR##This well-located 4-unit multifamily property at 9020 Norton offers an outstanding investment opportunity in Northeast El Paso just off Hondo Pass and minutes from US-54, shopping, schools, and everyday amenities. Featuring 3,048 sq ft with four spacious 2-bedroom, 1-bath units of approximately 762 sq ft each, this property offers immediate upside with Units A, C, and D currently vacant and projected to rent for approximately $950-$1,000 per month, while Unit B is occupied at $800 per month, providing instant income. Units A, C, and D have been remodeled gradually within the last 8 years, and the roof was replaced in 2018. Gas and electric are separately metered, adding convenience for both owner and tenants. Located in a well-kept surrounding area with strong rental demand and quick access to major commuter routes, this is a rare opportunity to lease up quickly and maximize cash flow. Ideal for investors looking for immediate value-add potential and long-term hold opportunity.
This well-located 4-unit multifamily property at 9020 Norton offers an outstanding investment opportunity in Northeast El Paso just off Hondo Pass and minutes from US-54, shopping, schools, and everyday amenities. Featuring 3,048 sq ft with four spacious 2-bedroom, 1-bath units of approximately 762 sq ft each, this property offers immediate upside with Units A, C, and D currently vacant and projected to rent for approximately $950-$1,000 per month, while Unit B is occupied at $800 per month, providing instant income. Units A, C, and D have been remodeled gradually within the last 8 years, and the roof was replaced in 2018. Gas and electric are separately metered, adding convenience for both owner and tenants. Located in a well-kept surrounding area with strong rental demand and quick access to major commuter routes, this is a rare opportunity to lease up quickly and maximize cash flow. Ideal for investors looking for immediate value-add potential and long-term hold opportunity.
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.