4236 Canterbury Drive El Paso, TX 79902

Single Family Residence

5 Beds

3 Baths

2,288 Sq. Ft.

0.25 Acre Lot

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Last updated on 11/22/2024 12:48 AM

Listing Details

Discover an incredible income-generating property in a peaceful neighborhood with unbeatable access to El Paso's top locations! This unique home is perfectly positioned near the I-10 highway, offering fast and easy commutes to the University of Texas at El Paso (UTEP) and nearby medical centers, ide...al for professionals and students. Featuring an assumable loan at an excellent 3.75% interest rate, this home combines convenience and financial opportunity. Appliances are not included, allowing you to personalize your kitchen. The property includes a second attached home, perfect as a maid's quarters, in-law suite, or rental unit, providing flexible living arrangements and rental potential. This property is an exceptional opportunity for those seeking a high-potential, income-generating home in a prime El Paso location. Situated just minutes from the I-10 highway, this residence allows fast access to key city areas, including UTEP, major medical centers, and downtown El Paso. This location makes the home a valuable asset for professionals, healthcare workers, and students looking for quick commutes and a peaceful retreat from the city's hustle. Designed with convenience in mind, the property features a second attached home with its own entrance. This separate living area offers full potential as a maid's quarters, in-law suite, or rental unit, ideal for generating extra income. The flexibility to lease this additional space provides an attractive opportunity for investors or homeowners interested in offsetting monthly expenses. With its own living quarters, the second home can attract long-term tenants or serve as a short-term rental option for UTEP students, visiting professors, or healthcare professionals working at nearby medical centers. The main residence showcases an open floor plan, inviting ample natural light into every room. The large windows and spacious living areas create a warm and welcoming environment, ideal for entertaining or enjoying quiet family moments. Though appliances are not included, this allows you the freedom to design a kitchen that perfectly suits your style and needs. The property's appeal extends outdoors, where beautifully maintained landscaping enhances the overall sense of tranquility and privacy. The spacious backyard presents an ideal space for family gatherings, weekend barbecues, or simply relaxing under the El Paso sun. This low-maintenance, attractive outdoor area further adds to the home's potential as a sought-after rental property or private retreat. One of the standout features of this home is its assumable loan at a competitive 3.75% interest rate, providing a rare financial opportunity for the new owner. This feature can make the purchase more accessible and cost-effective, allowing you to capitalize on an existing low-interest loan. The property's strategic location near I-10 offers residents direct access to city amenities while still enjoying the peace and quiet of a private neighborhood. For those looking to invest in El Paso real estate, this property's proximity to UTEP and the surrounding medical facilities enhances its rental appeal and long-term value, attracting a steady demand for housing in the area. It's also ideal for families who value a quick commute and a close-knit community feel. Don't miss out on this exceptional income-generating property in one of El Paso's most convenient and desirable neighborhoods. Whether you're seeking a family home with flexible living options or an investment property with high rental demand, this home has everything you need for both a great lifestyle and financial growth. Schedule a viewing today and start envisioning the possibilities! Continue reading

MLS#

905712

Property Type

Single Family

Bedrooms

Bathrooms

1 Full

Year Built

1958

Square Feet

2,288 sq. ft

Lot Size