
2290 NORTH ST BEAUMONT TX 77701
Fully Leased 12 Unit Complex
Marketing description
Fully Leased 12-Unit Investment at 2290 North, Beaumont, Texas presents a rare opportunity to acquire a stabilized multifamily asset in Beaumont’s Historic District. This 12-unit property is 100% occupied and delivers strong in-place income with a current NOI of approximately $94,113 and annual rent of $147,480.
Built in 1929 and remodeled, the property combines historic character with updated interiors and consistent tenant demand. Investors will appreciate the low-expense structure, on-site parking, and prime location just minutes from Downtown Beaumont with easy access to I-10, major highways, retail, dining, and everyday conveniences.
This is an ideal value-add play with below-market rents and upside through modest increases of $100–$150 per unit, plus additional income potential. Current ownership projects NOI growth to the $105,000–$112,000 range, offering a compelling path to increased returns without heavy repositioning.
For investors seeking a turnkey, income-producing multifamily property in a proven rental location, this offering stands out for its stability, upside, and long-term wealth potential.
Investment highlights
Fully leased 12-unit multifamily property in Beaumont’s Historic District offering strong in-place income and consistent occupancy. All
units are 2-bedroom, 1-bath and have been updated while still maintaining their original charm. Each building features washer and dryer
units for tenant convenience. Built in 1929 and remodeled, this property provides immediate cash flow with value-add potential through
below-market rents. Conveniently located near downtown, major roadways, and local amenities.
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