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.
Versatile Downtown Beaumont Property: Paved Lot or Potential Retail Space! This prime corner lot at Calder Ave & Willow St offers more than just parking - it's a canvas for your business vision. Currently a well-maintained parking lot, this property presents an exciting opportunity for transformation into a retail store or any type of commercial endeavor. Zoned for commercial use, this property allows for a wide range of businesses, from retail shops to service-oriented ventures. Ideal location in the heart of downtown Beaumont, your business will enjoy excellent visibility. The paved asphalt surface is not only perfect for parking but also provides a solid foundation for any futur
New to the market. Lot available in the the north end of Beaumont. Seller Also, has another lot available at 975 Magnolia Ave. Both lots may be purchased together for a negotiated offer.
New to the market. Lot available in the the north end of Beaumont. Seller Also, has another lot available at 995 Magnolia Ave. Both lots may be purchased together for a negotiated offer.