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875 Neches, 
Beaumont, TX 77701

$890,000

—

Bed

—

Bath

4,520

Sq Ft

Multi-Family

Active

Listed by

John Arcana

RE/MAX One

409-860-3200

Last updated:

May 7, 2025, 02:38 PM

MLS#

257828

Source:

TX BBOR

About This Home

875 Neches

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.

Home Facts

Multi-Family

Price Summary

890,000

$196 per Sq. Ft.

MLS #:

257828

Last Updated:

May 7, 2025, 02:38 PM

Rooms & Interior

Interior

Living Area:

4,520 Sq. Ft.

Structure

Structure

Building Area:

4,520 Sq. Ft.

Finances & Disclosures

Finances

Price:

$890,000

Price per Sq. Ft:

$196 per Sq. Ft.

Source:TX BBOR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.