$1,498,000
Active
68 Days Online
23 Beds23 Baths4,520 SQFT
Active
875 Neches Beaumont, TX 77701
Unique opportunity to own this multi-unit property with amazing cashflow! 23 unit property, all individual rooms, currently only 1 unit not occupied. At full occupancy: Gross annual income of $159, 360. NOI after tax and insurance is $138, 738. All utilities paid for by owner (roughly $11k in 2023). There are 4 bathrooms and 2 kitchens shared. Rent roll and P&L on file. Roughly 8.5% cap rate at list price! Contact agent to coordinate showing and review files.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyJefferson
- Taxes$7,578
- HOA/Condo/Coop Fees$0
- Days on Site68 Days
- MLS StatusActive
- MLS ID Number245705
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0 Acres
- Full Baths23
- Partial BathsN/A
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Learn MoreRecent Activity For 875 Neches Beaumont, TX 77701
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Schools
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Beaumont SD
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