For Sale
$315,000

1920 May St Beaumont, TX 77705

Three-unit rental, 10% cap rate

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
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 Details for 1920 May St

Property type
Residential income homes
Units
3

Location Insight

City
Beaumont
County
Jefferson
State
Texas
Latitude
30.0497611
Longitude
-94.1041521
1920 May St, Beaumont, Texas

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FAQs

What type of property is this?
Residential income home - Three-unit rental, 10% cap rate
Where is the residential income home 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Aaron Styron
Aaron Styron
Visit Broker Website

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May St
Beaumont, TX 77705

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May St
Beaumont, TX 77705

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1920 May St
  • Aaron Styron
    Aaron Styron
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(844) 225-4832

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