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$1,150,000
Est. payment /mo
0.55 Acres Lot
UPDATED:
12/20/2024 11:10 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Averill 1
MLS Listing ID 20783380
Total Fin. Sqft 7412
Year Built 1972
Annual Tax Amount $15,540
Lot Size 0.548 Acres
Acres 0.548
Property Description
Introducing a prime investment opportunity: a stabilized 16-unit multifamily building featuring a desirable mix of spacious 2 bed x 1.5-bath and 1 bed x 1 bath units. This property combines strong tenant appeal with consistent cash flow, making it a fantastic addition to any investor's portfolio. The building has been well-maintained, ensuring minimal operational headaches and offering immediate income potential. With a balanced unit mix, it attracts a wide range of tenants and providing stability in occupancy.
Located near Downtown Beaumont with strong demand for quality rental housing, this property benefits from proximity to schools, shopping, dining, and public transportation. Whether you're an experienced investor or looking to expand your portfolio, this multifamily asset delivers steady cash flow, long-term appreciation potential, and a solid return on investment. Don't miss the chance to own this stabilized, cash-flowing property!
Located near Downtown Beaumont with strong demand for quality rental housing, this property benefits from proximity to schools, shopping, dining, and public transportation. Whether you're an experienced investor or looking to expand your portfolio, this multifamily asset delivers steady cash flow, long-term appreciation potential, and a solid return on investment. Don't miss the chance to own this stabilized, cash-flowing property!
Location
State TX
County Jefferson (tx)
Zoning Multi-Fam-Apartments
Direction GPS
Interior
Heating Other
Cooling Other
Flooring Other, Vinyl
Heat Source Other
Exterior
Utilities Available Other
Roof Type Other
Garage No
Building
Foundation Other
Structure Type See Remarks
Others
Ownership 2290 Long St LLC
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Listed by Kekoa Lwin • eXp Realty LLC
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States