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1920 May St Beaumont, TX 77705

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For Sale
Contact for pricing

Three-unit rental, 10% cap rate

Property Features for 1920 May St

General Information

Property type
Multifamily properties

Building Details

Units
3

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Listing Contact
Aaron Styron
Aaron Styron

Listing Agent: Aaron Styron

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a portfolio of three single-family homes located in Beaumont, Texas, within Jefferson County, zip code 77705. The portfolio boasts a compelling 10% capitalization rate and an asking price of $315,000, or $105,000 per unit. The properties are situated at 1920 May St, 2065 Lela St, and 2125 Nora St. Each home is currently leased, providing immediate cash flow with leases extending into 2025. The portfolio includes a diverse mix of properties: one 3-bedroom, 1-bathroom home with a carport, featuring updated paint, fixtures, shower, and flooring, a large backyard, and indoor washer/dryer connections
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Beaumont
County
Jefferson
State
Texas
Longitude
-94.1041521
Latitude
30.0497611

FAQs

What type of property is this?
Multifamily property - Three-unit rental, 10% cap rate
Where is this multifamily property located?
The property is located at 1920 May St Beaumont, TX.
What is the asking price?
The asking price for this property is $315,000.
(844) 225-4832 Call to check price and availability
More about this property
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