9020 NORTON Street

Highlights:

• Number Of Buildings: 1
• Cooling: Evaporative Cooling
• Heating: Forced Air, Central
• Flooring: Carpet, Laminate
• Construction Materials: Stucco
• Parking Features: 1 Space Per Unit

Description:

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.

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Listing ID: 942112