245 E PIPKIN STREET #C, BEAUMONT, TX 77705

Homes for sale in Beaumont.

Homes for sale in 77705.


Active

List Price$200,000

245 E Pipkin Street #C

Beaumont, TX 77705

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #43390513

2

Bedrooms

1 full

Bathrooms

2,880

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

Great investment opportunity located near Lamar University, offering strong rental demand and long-term growth potential. This four-unit property includes two one-bedroom units and two two-bedroom units, providing a desirable unit mix for a wide tenant base. Current lease terms and rental information are available upon request. The property presents an excellent value-add opportunity, allowing investors to enhance equity through strategic updates and optimized rents while securing consistent tenant occupancy.

Property Features

Location Information

County

Jefferson

Subdivision

Highland Heights To Beaumont

Latitude

30.050686

Directions

From Houston, take Ih10 East to right exit onto US-287 S/US-69 S/US-96 S. Take Highland Exit. Left on Highland. Right on Pipkin. Property on left at corner of Smythe St. No sign on property.

Longitude

-94.0845

Interior Features

Total Number of Units

4

Exterior Features

Style

Fourplex

Lot Size in Acres

0

Stories

2

Lot Size in Sq. Ft.

5,000

Is New Construction

No

Is One Story

No

School

School District

Beaumont

Middle School

KING MIDDLE SCHOOL (BEAUMONT)

Elementary School

PIETZSCH-MACARTHUR ELEMENTARY SCHOOL

High School

BEAUMONT UNITED HIGH SCHOOL

Additional Information

Finance Available

Cash, Conventional, FHA, Investor Financing, VA Loan

Year Built

1962

Property Type

RI

Status

Active

Property SubType

Quadruplex

Is Short Sale

Yes

Similar Listings

Mortgage Calculator

$932

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$720

Monthly Tax

$166

Monthly Insurance

$46

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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