875 Neches, Beaumont, TX 77701
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875 Neches,Beaumont, TX 77701
$890,000
- - Beds
- - Baths
- 4,520 sq. ft.
- Multi-family
- Active
Listed by:john arcana
Office:re/max one -- 9000010
MLS#:257828
Source:TX_BBOR
Price summary
- Price:$890,000
- Price per sq. ft.:$196.9
About this home
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.
Contact an agent
Home facts
- Listing Id #:257828
- Added:104 day(s) ago
- Updated:August 02, 2025 at 02:25 PM
Rooms and interior
- Living area:4,520 sq. ft.
Structure and exterior
- Roof:Composition Shingle
- Building area:4,520 sq. ft.
Utilities
- Water:City Water
- Sewer:City Sewer
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$196.9
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