Active
510 Washington Avenue
Cape Girardeau, MO 63701
3,300 sqft
$235,000
Details
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.
Specs
Type Multi-Family
Square Footage 3,300 sqft
Lot Size 0.22 acres
Year Built 1900
Assoc Fee Paid None
Taxes Paid $1,385
Lots & Building Features
Appliances Some Disposal(s), Washer/Dryer, Some Smoke Alarm(s), Some Refrigerator(s), Some Range Oven(s)
Assoc Fee Paid None
Construction Brick
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Off Street, On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 60x170 ft
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Area
City Cape Girardeau
County Cape Girardeau
School District Cape Girardeau 63
Subdivision NA
Schools
Elementary School Blanchard Elem.
Junior High School Central Jr. High
Senior High School Central High