Duplex located in downtown Hannibal. Side 105 has two bedrooms and one bathroom. Side 107 has two bedrooms, office, and one bathroom. Each side has a separate entrance. There is a parking lot beside 107 that conveys. Property could rent for at least $650 per side. All utilities are separate and paid by tenant. Great opportunity to own a rental unit downtown or live in one side and rent the other.
Welcome to 521-523 Walnut! This is an updated turn-key, investment property! The exterior and interior have been completely updated. This property features two units. One unit is an efficiency unit and rents for $1,150 per month. This unit has a front patio. The second unit has two bedrooms and two bathrooms and rents for $1,415 per month. This unit has balcony and a deck. Each unit is currently fully furnished, has separate HVAC, laundry, and is separately metered. This could be a great short term rental, long term rental, or live in one unit and rent the other. The current owner pays all utilities currently. Located near downtown Hannibal. Great cash flow property. This property would be good to add to your portfolio! Potential rental income is $30,480 minus expenses (insurance, taxes, utilities) of $8,850 leaving a net income of $21,630 (minus any loan payment if getting a loan).
Great rental property for sale. If you are looking to get into rental property or adding to your portfolio, this four plex has a great scorecard with two long term tenants, one newer, and one vacant. Vacant unit was recently renovated by Lain Construction. All units have been rekeyed and the building has a master key for landlord convenience. All units have a quarter of the basement for storage and laundry.
Hannibal is located in Missouri. Hannibal, Missouri has a population of 17,551. Hannibal is less family-centric than the surrounding county with 25.17% of the households containing married families with children. The county average for households married with children is 28.87%.
The median household income in Hannibal, Missouri is $38,087. The median household income for the surrounding county is $44,098 compared to the national median of $57,652. The median age of people living in Hannibal is 37.8 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 39.4 inches per year, with 13.9 inches of snow per year.