This 3 unit building is an excellent investor opportunity OR perhaps you are looking to find a way to hoes hack--live in one unit and rent the others! This property has long term tenants. Two are month to month in the single bedrooms making $500/m each in gross rents and the upstairs 4 bedroom unit has a lease signed until July of 2025 for $1400/m in rent 100% HUD subsidized. New HVAC, new floors, and new paint in the upstairs unit and a finished attic area that created one more bed and additional living area. The other two units HVAC is only a few years old. Roof is 3-5 years. All electric and plumbing is up to date/newer. Again, this is an amazing investment opportunity and won't last long. Requires 24 hour notice as all units are occupied. And this building is agent owned.
Mls | 24073673 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1900 |
Days On Site | 13 |
Listing Provided By | EXP Realty, LLC | Stephen Schott |
Sq Feet | 3,300 |
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Acreage | 0.22 |
State | MO |
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County | Cape Girardeau |
City | Cape Girardeau |
Zip Code | 63701 |
Area | Cape Girardeau |
School District | Central High |
Elementary School | Blanchard Elem. |
Middle School | Central Jr. High |
High School | Central High |
Listing VS Median (in NA) | |
Price: $235,000 low | high Med: $245,000 SqFt: 3,300 low | high Med: 2,830 $ / SqFt: $71 low | high Med: $119 On Site: 13 low | high Med: 182.5 |