2290 Long St Beaumont, TX 77701

Property Details for 2290 Long St

Year built

1972

Lot size

0.55 lot acres

Property size

7,412 SF

Property type

Commercial real estate

Description

This exceptional 16-unit multifamily property located at 2290 Long Street, Beaumont, TX, presents a compelling investment opportunity. The building encompasses 7,412 square feet and sits on a 0.55-acre lot. The unit mix is strategically balanced, featuring a combination of spacious two-bedroom, one-and-a-half-bathroom units and one-bedroom, one-bathroom units, appealing to a diverse tenant base. This translates to strong occupancy rates and consistent cash flow, a key advantage for investors seeking a stable return. The property has been meticulously maintained, minimizing operational concerns and maximizing immediate income potential. Its prime location near Downtown Beaumont offers convenient access to schools, shopping, dining, and public transportation, further enhancing its appeal to renters. The strong demand for quality rental housing in this area ensures long-term appreciation potential. Priced at $1,150,000, this stabilized, cash-flowing multifamily building represents a solid investment with significant upside. This is a rare opportunity to acquire a well-maintained, income-producing asset in a desirable location. The balanced unit mix and proven rental history provide a foundation for continued success. Don't miss this chance to add a high-performing property to your portfolio.