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For sale
  • $890,000

    875 Neches St, Beaumont, TX 77701

    23beds
    --baths
    4,520sqft
    : 
    Rooming House
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $197/sqft
    $-- HOA

    What's special

    Individual rooms
    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 $160,200. NOI after tax and insurance is $128,578.05. 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 13% cap rate at list price! Contact agent to coordinate showing and review files.
    96 days
    on Zillow
    |
    145
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 04:05pm

    Listed by:

    John Arcana 409-656-8267,

    RE/MAX ONE -- 9000010

    Source: BBOR,MLS#: 257828MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 875 Neches St.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 23
    Bathroom
    • Features: Common or Shared
    Appliances
    • Included: Dishwasher, Microwave, Range/Oven, Refrigerator
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl
    Interior area
    • Total structure area: 4,520
    • Total interior livable area: 4,520 sqft

    Property

    Parking
    • Parking features: On Site, Paved
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Common
    Lot
    • Size: 3,600 Square Feet
    • Dimensions: 3600sf
    Details
    • Parcel number: 00320000001910000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Rooming House
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Composition Shingle
    Condition
    • 31 Yrs. and Older

    Utilities & green energy

    • Sewer: City Sewer
    • Water: City Water
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: OTHER
    Location
    • Region: Beaumont

    Financial & listing details

    • Price per square foot: $197/sqft
    • Tax assessed value: $281,661
    • Annual tax amount: $6,542
    • Date on market: 5/5/2025
    • Listing terms: Cash,Conventional
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