Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1930
Sq.Footage
1,982
Investment Opportunity! Looking to add a value-add property to your rental portfolio? This property offers excellent income potential with the opportunity to create a 3-unit apartment building through renovations and updates. The main-level unit features 3 bedrooms and 1 bathroom and is occupied by a long-term tenant of 10+ years, currently renting for $800 per month. The upper-level unit is currently vacant and previously rented for $600 per month, offering immediate upside with minimal effort. The basement provides an exciting opportunity to create a third income-producing unit, allowing you to maximize cash flow and increase your return on investment. With the right vision and improvements, this property has the potential to become a strong-performing asset in your portfolio. Whether you're an experienced investor or looking for your next project, this property offers long-term value and tremendous upside. Don't miss this opportunity to build equity and grow your rental income!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Above Grade Finished Area
1982.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Electric, Multi Units, Separate Meters, Varies by Unit
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Baseboard, Varies by Unit
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Pool
No
Area & Lot
-
Lot Features
City Lot
-
Lot Size(acres)
0.1
-
Lot Size(square feet)
4,356
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Bungalow
Price
-
Sales Price
$110,000
-
Tax Amount
$664
-
Sq. Footage
1,982
-
Price/SqFt
$55
HOA
-
Association
No
School District
-
Elementary School
Franklin Elem.
-
Middle School
Central Jr. High
-
High School
Central High
Property Features
-
New Construction
NO
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cape Girardeau
Elementary School
Franklin Elem.
Middle School
Central Jr. High
High School
Central High
Listing Courtesy of Christina Essner , EXP Realty, LLC
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Agent / Realtor®
Frank Svoboda
Call Frank today to schedule a private showing.
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