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355 N 18th ST Beaumont, TX 77707
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 26,096 sqft
Price per Sqft $24
Subdivision Jarrett Add
MLS Listing ID 84145112
Sold Date 08/17/22
HOA Y/N No
Year Built 1993
Annual Tax Amount $19,399
Tax Year 2021
Property Sub-Type Multi Family
Property Description
INVESTMENT OPPORTUNITY!! Prime location behind the Saltgrass Restaurant with extra parking. This will be a value add investment opportunity. The interior has been fully gutted with many studs replaced. New water lines have been run. New electrical has been run.Originally a 24 unit complex, 6 of which were retail, has now begun the process of changing the plans to 8, 2 bedroom residential units and 4, 3 bedroom residential units. Great Cap rate potential after renovation and leasing. Still work to be done on interior and exterior which means lots of potential! Contact your REALTOR for access and documentation on file. Will entertain any serious offers!
Location
State TX
County Jefferson
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Roof Type Aluminum
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Caldwood Elementary School
Middle Schools Odom Middle School
High Schools West Brook High School
School District 143 - Beaumont
Others
Tax ID 032100-000-007600-00000
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Bought with Compass Re Texas, LLC
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