1209 Gateway South Blvd, El Paso, TX 79903

ATTN: Please note that the asking price will be raised to $120,000 upon a subsequent rate decrease by the Federal Reserve. eXp Realty is pleased to present this three-unit value-add opportunity with a $280,000 Appraised After-Repair Value. However, recent sales of 906 1/2 Tularosa Avenue and 3725 Tularosa Avenue allow for a proposed increase in projected valuation. Unit #1 includes 2 bedrooms and 1.5 baths; Unit#2 includes 1 bedroom and 1 bath; Unit #3 is a studio apartment. The property is located in a submarket containing stable rental performance with room for continued improvement. It is centrally located for improved access to employment opportunities and entertainment. $20,000 worth of interior demolition and junk-removal have been completed. Call or send a text message to the listing agent in order to obtain a preview of the ARV appraisal or your showing today. Contact us regarding how one can bring as little as $12,500 to closing to finance the purchase price and obtain funding for the rehab.