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. Continue reading