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.
For sale
$890,000
875 Neches St, Beaumont, TX 77701
23beds
--baths
4,520sqft
Est.:
Rooming House
Built in ----
-- sqft lot
$-- Zestimate®
$197/sqft
$-- HOA
What's special
Individual rooms
- 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#: 257828

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading