They say location is everything in real estate. This place is positioned in the middle of Beaumont's primer west end. Close to all the amenities in life. Maybe thats why the current tenant keeps renewing lease. This is an investment that needs little to no work. Currently leases for $765.00 per month. Want to increase rental rate, put a small budget together to upgrade amenities like counter tops, flooring, and touch up bathrooms. Based on market data you could easily increase rent by a couple of hundred dollars. Current cap rate is over 8% with no repairs and a full price offer. Increase that rate by increasing rental rate and offer accordingly on sales price. Add this one to your investment portfolio today.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
