Investors and handyman Special!!! UNIQUE 2 stories commercial apartment compound at a historical district. 2 separate structures include: 5 units of 1 bd, 1ba in the rear and 3 units of 3bd, 3ba up front. The 5608 sqft building sits on a 11250 sqft lot. First floor is 1790 sqft and 2nd floor is 3818 sqft. All 5 units at the rear are tenant occupied and can't be shown. one unit up front is also being rented out so showing is also unavailable. Property is currently generating about $3625 income monthly. Total monthly expense is about $1300. All tenants are on month to month rent and each unit has their own power meter. Location, location, location! Property is located in a quiet and peaceful neighborhood. This is an excellent investment property you will not want to miss out on, call and book an appointment today to see all the potential this property offers!

General Description

MLS#:

23979141 (HAR)

Sold Price Range:

$215,001 - $250,000

Listing Status:

Sold

Address:

1880 Broadway Street

City:

Beaumont

State:

TX

Zip Code:

77701

County:

Jefferson County

Subdivision:

Mcfaddin Second Add

Legal Description:

MC FADDIN 2 L4 E1/2 L5 B12 & ADJ 1/2 ALLEY

Property Type:

Multi-Family - 5 Plus

Stories:

2

Year Built:

1938 / Appraisal District

Building Sqft.:

5,608521(m²) /Appraisal District

Lot Size:

11,250 Sqft.1,045(m²) /Appraisal District

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Room Dimension

1 Bdr #:

5

3 Bdr #:

3

Interior Features

Heating:

Central Electric

Cooling:

Central Electric

Exterior Features

Roof:

Other

Assigned School Information

District:	Beaumont
Elementary School:	Fletcher Elementary School Good |
Middle School:	M L King Middle School |
High School:	Beaumont United High School |

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing Broker: RE/MAX Eastside
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Selling Broker: Designed Realty Group
Last updated as of: 06/22/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$42.09	$236,040	1.06%	$236,040	1.06%
2022	$41.65	$233,571	24.11%	$233,571	24.11%
2021	$33.56	$188,190	19.21%	$188,190	19.21%
2020	$28.15	$157,863	-12.63%	$157,863	-12.63%
2019	$32.22	$180,680	-3.71%	$180,680	-3.71%
2018	$33.46	$187,640		$187,640

2023 Jefferson County Appraisal District Tax Value
Market Land Value:	$7,500
Market Improvement Value:	$228,540
Total Market Value:	$236,040

2023 Tax Rates
BEAUMONT IND SCHOOL DIST:	0.9864 %
CITY OF BEAUMONT:	0.6815 %
PORT OF BEAUMONT:	0.0959 %
SABINE-NECHES NAVIGATION DIST:	0.0880 %
DRAINAGE DISTRICT #6:	0.1924 %
JEFFERSON COUNTY:	0.3590 %
Total Tax Rate:	2.4033 %

 

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$ 955Monthly

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$ 955

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