For sale
  • Price cut: $130K (9/26)
    $760,000

    875 Neches St, Beaumont, TX 77701

    23beds
    --baths
    4,520sqft
    : 
    Rooming House
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $168/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.
    175 days
    |
    216
    |
    12
    |
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