NOT LISTED FOR SALE

4016 Taylor Ave El Paso, TX 79930

Central Neighborhood
-- Bed
-- Bath
9,290 Sq Ft
0.84 Acres

Last Sold April 15, 2024

76 Days on Market

Highlights

  • 0.84 Acre Lot
  • Ceramic Tile Flooring
  • Heating Available
  • Refrigerated Cooling System
  • Property is near a bus stop
  • 1-minute walk to Jorge Almada Park

About This Home

As of April 2024

24 Unit Complex, 3 buildings with separate addresses, 4016, 4022, & 4030 Taylor, 8 units in each building. (16) 1 bedroom and 1 bath units and (8) studios and 1 bath units. All units have been updated except for one. Updates include new windows, mini-splits, paint, tile, doors, roof replaced in last couple of years. 12 of the units are furnished Airbnb's and cash-flowing nicely averaging higher than market rents, with the other 12 units set up as long term rentals. Some of the long term rents are under market with upside potential. Beautiful Jorge Almeda Park across the street, laundromat next door. Great investment!

Last Agent to Sell the Property

Jaime Mora

Alluvion Realty Group, LLC License #0418797 Listed on: 11/29/2023

Last Buyer's Agent

William Nieves

Revolve Realty, LLC License #0687365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,796

Year Built

  • Built in 1953

Lot Details

  • 0.84

Parking

  • 24 Parking Spaces

Home Design

  • Flat Roof Shape
  • Masonry
  • Lead Paint Disclosure

Interior Spaces

  • 9,290 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Schools

  • Travis Elementary School
  • Captain Gabriel Navarrete Middle School
  • Capt J L Chapin High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • 0.84 Acre Lot
  • Property is near a bus stop
  • Mobile Home is 24 Feet Wide

Listing and Financial Details

  • Tenant pays for some utilities
  • The owner pays for gas, sewer, some utilities, trash collection, water
  • Month-to-Month Lease Term
  • Assessor Parcel Number M79499906508100

Community Details

Overview

  • 3 Buildings
  • 24 Units
  • Morningside Heights Subdivision

Building Details

  • Operating Expense $107,501
  • Gross Income $191,963

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,796

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 9 or More Units
  • Year Built: 1953
  • Subdivision Name: Morningside Heights
  • Mobile Length: 3
  • Mobile Width: 24
  • Location Tax Legal:Zoning2: C4
  • Location Tax Legal:Elementary School: Travis
  • Location Tax Legal:Middle School: Captain Gabriel Navarrete Middle School
  • Location Tax Legal:High School: Capt J L Chapin High
  • Location Tax Legal:Apx Yearly Taxes: 14796.0
  • Location Tax Legal:Tax Year2: 2023
  • Location Tax Legal:Parcel ID: M79499906508100
  • General Property Info:Apx Acres2: 0.84
  • Water:City5: Yes
  • General Property Info:Apx SqFt LotLand2: 36000.0
  • General Property Info:Buildings Total: 3
  • General Property Info:Total Units: 24
  • General Property Info:Total Stories _pound_: 1
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: Yes
  • Rental Info:Yearly Lease: Yes
  • Flooring:Ceramic Tile3: Yes
  • Utilities:Natural Gas Available: Yes
  • Rental Info:Month To Month: Yes
  • Flooring:Laminate4: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Laminate

Exterior Features

  • Roof: Flat
  • Acres: 0.84
  • Construction Type: Masonry
  • ConstructionSiding:Roof Flat: Yes
  • Construction:Masonry: Yes

Garage/Parking

  • Total Parking Spaces: 24.0
  • General Property Info:_pound_ Parking Spaces: 24

Utilities

  • Cooling: Refrigerated
  • Heating: Electric, See Remarks
  • Utilities: All City, All Utilities, Natural Gas Available
  • Sewer: City
  • Green Building Features: Bus Route
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: City
  • Sewer:City4: Yes
  • Heating:See Remarks5: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Association Amenities:Bus Route: Yes

Schools

  • Junior High Dist: El Paso
  • Middle Or Junior School: Captain Gabriel Navarrete Middle School

Lot Info

  • Parcel Number: M79499906508100
  • Zoning: C4
  • Lot Size Sq Ft: 36000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Sewer, Some Utilities, Trash Collection, Water
  • Tenant Pays: Some Utilities

Tax Info

  • Year: 2023
  • Tax Annual Amount: 14796.0

Multi Family

  • Annual Gross Income: 191963.0
  • Annual Operating Expense: 107501.0

MLS Schools

  • Elementary School: Travis
  • HighSchool: Capt J L Chapin High

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold -- -- --
02/14/2024 02/14/24 Pending -- -- --
01/28/2024 01/28/24 Price Changed $1,675,000 -6.9% $180 / Sq Ft
11/29/2023 11/29/23 For Sale $1,800,000 +666.0% $194 / Sq Ft
10/01/2019 10/01/19 Sold -- -- -- View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $235,000 0.0% $86 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $235,000 -- $86 / Sq Ft
Source: Greater El Paso Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jaime Mora

    Seller's Agent in 2024

    Jaime Mora

    Alluvion Realty Group, LLC

    (915) 588-7354

    1 in this area

    22 Total Sales

    Jaime Mora
    Section Image
  • William Nieves

    Buyer's Agent in 2024

    William Nieves

    Revolve Realty, LLC

    (915) 269-0018

    2 in this area

    79 Total Sales

    William Nieves
    Section Image
  • Jason Hiett

    Seller's Agent in 2019

    Jason Hiett

    Hiett & Associatees

    (915) 373-6210

    10 Total Sales

    Jason Hiett
    Section Image

  • L

    Buyer's Agent in 2019

    Lilly Vasquez

    Camacho Real Estate

    (915) 238-0939

    32 Total Sales

    Lilly Vasquez
    Section Image

  • C

    Buyer's Agent in 2019

    Carmen Vasquez

    Sandra Luna & Associates

See All Agents

Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 892266

Greater El Paso Association of REALTORS®
Texas El Paso County El Paso 79930 Central

4016 Taylor Ave, El Paso, TX

Not Listed for Sale

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