875 NECHES ST
BEAUMONT, TX 77701
$1,160,164
0 Beds
0 Baths
4,520 Sq Ft
Status Active
MLS# 245705
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.
Details for 875 NECHES ST
Built in 0
$257 / Sq Ft
0 parking spaces
106 Days on website
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
John Arcana
RE/MAX ONE, 409-860-3200
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