Description
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.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
4,520SQFT
-
$219$/SQFT
Description
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.
© 2024 Beaumont Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or TEAM Dayna Simmons Real Estate. The data relating to real estate for sale or lease on this web site comes in part from Beaumont Board of Realtors. Real estate listings held by brokerage firms other than TEAM Dayna Simmons Real Estate are marked with the broker reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-12-06T00:01:38.12.
![[Beaumont Board of Realtors] logo](https://static.boomtownroi.com/content/photos/beaumont/idx/idx-small.gif)
Listing information © 2024 Beaumont Board of Realtors.