UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,982 sqft
Price per Sqft $55
Subdivision City/Capegirardeau Range C
MLS Listing ID 26048397
Style Bungalow
Bedrooms 3
Full Baths 2
Year Built 1930
Annual Tax Amount $664
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Property Description
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!
Location
State MO
County Cape Girardeau
Rooms
Basement Exterior Entry, Full, Walk-Out Access
Main Level Bedrooms 3
Interior
Heating Baseboard, Varies by Unit
Cooling Electric, Multi Units, Separate Meters, Varies by Unit
Fireplace N
Laundry In Unit
Exterior
Parking Features false
Utilities Available Electricity Connected
View Y/N No
Building
Lot Description City Lot
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Franklin Elem.
Middle Schools Central Jr. High
High Schools Central High
School District Cape Girardeau 63
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby School & Business
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Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477