Listing provided by: Justin Swiney, On-Point Property Advisors

2834 Independence

Cape Girardeau, MO 63703
$1,325,000
Sold
19,200 ft²Interior
1.51 acre lotLot size

Overview

Located between N. Silver Springs and Gordonville Road, close to St. Francis Hospital. Twenty-two (22) unit apartment complex featuring fourteen (14) 3BR/1.5Ba, four (4) 2BR/1Ba and four (4) 1BR/1Ba. The total scheduled is $14,555/month. Room to increases rents (value add). Most are HUD/Section 8 tenants: guaranteed income. The site reportedly would support an additional five (5) units. On-site coin-operated laundry. Drive-by only, please do not disturb tenants. Excellent investment opportunity with professional property management already in place. The landlord provides water/sewer and trash. Tenants pay for electricity and gas. Inspection reports, rent roll and expense information are available. Requires 48-hour notice for showings.

Details

General

Type
Multi-family
Square footage
19,200 sq. ft.
Lot size
1.51 acre lot
Year built
1978
Pool
No
Garage
No
Parking spaces
0

Listing information

MLS #
MIS22004424
APN
203060001001000000
Listing provided by
Justin Swiney, On-Point Property Advisors
Attribution Contact
+15735761695
Status
Sold

Location

Neighborhood
Crites 1st
County
Cape Girardeau
Address
2834 Independence, Cape Girardeau, MO 63703