609 Themis St, Cape Girardeau, MO 63701
- $110,000
- 3
- BD
- 2
- BA
- 1,982
- SqFt
- List Price
- $110,000
- MLS#
- 26048397
- Status
- ACTIVE
- Bedrooms
- 3
- Full baths
- 2
- Living Sq. Ft
- 1,982
- Lot Size
- 4,356
- Acres
- 0.10
- Subdivision
- City/Capegirardeau Range C
- School District
- Cape Girardeau 63
- County
- Cape Girardeau
- Listing Type
- Single Family Residential
- Property Type
- Bungalow
- Style Description
- Bungalow
Property Description
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!
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Additional Information
- Elementary School
- Franklin Elem.
- Jr. High School
- Central Jr. High
- Sr. High School
- Central High
- Basement Description
- Exterior Entry, Full, Walkout
- Lot Description
- City Lot
- Cooling
- Electric, Multi Units, Separate Meters, Varies By Unit
- Sewer
- Public Sewer
- Heating
- Baseboard, Varies by Unit
- Water
- Public
- Selling Terms
- Cash, Conventional
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Listing courtesy of EXP Realty, LLC.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
