510 Washington Avenue

Cape Girardeau, MO 63701

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.

This is an Active listing.

Broker Office Phone Number: 224-176-1

Copyright © 2024MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.