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$250,000

3798 Obadiah Ln, El Paso, TX, 79938

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,872 Sq Ft
TriplexTriplex
price_per_sqft$133.55 / sqft
Year BuiltBuilt in 1987

About this property

Investor opportunity with immediate income and room to grow! This income producing triplex offers a versatile unit mix featuring a 1 bedroom, 1 bath in Unit A and two 2 bedroom, 1 bath units. Units A and B are currently leased month-to-month at $850 each, generating $1,700 in monthly rental income. Unit C is vacant and projected to rent for $950 per month, bringing the potential total rental income to $2,650 per month or $31,800 annually. Recent improvements include a new roof, mini-split heating and cooling systems in all three units, upgraded 200amp electrical panel, fresh exterior paint, and a remodeled bathroom in Unit C. The septic tank has also recently been cleaned and serviced. Whether you're looking to expand your rental portfolio or live in one unit while collecting income from the others, this triplex offers flexibility and strong investment potential!

Investor Tools

$0Estimated Mortgage Balance
$163,221Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

Interested in this property?

Candelaria Garcia

EXIT Southwest Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

City: El Paso

3798 Obadiah Ln | Property Details | No Agent List