Looking to expand your investment portfolio? This tenant-occupied ranch home in Cape Girardeau offers an excellent opportunity to purchase an established rental property with a lease already in place through August 2027!The main level features 3 bedrooms, 1 full bathroom, a comfortable living room, and an eat-in kitchen with ample cabinetry. The basement provides additional finished living space, along with an unfinished area for laundry and storage. Outside, you'll find a fenced backyard with mature shade trees, a deck, and the convenience of an attached one-car garage with off-street parking. Whether you're adding to an existing portfolio or purchasing your first investment property, this home offers the advantage of an existing tenant and a lease extending through August 2027.
| MLS # | 26066251 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 16 |
| Listing Provided By | Ritter Real Estate | Alexandria Lueders |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,306 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.20 |
| Rooms Total | 4 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas |
| Construction Materials | Vinyl Siding |
|---|---|
| Lot Features | Corner Lot |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Senior Community Yes / No | No |
|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Single Phase |
| Sewer | Public Sewer |
| Property | 871 |
|---|
| State | MO |
|---|---|
| County | Cape Girardeau |
| City | Cape Girardeau |
| Zip Code | 63703 |
| Community Name | Kenrick Sub |
| School District | Central High |
| Elementary School | Jefferson Elem. |
| High School | Central High |
| Listing VS Median (in Kenrick Sub) | |
Price: $184,000 low | high Med: $184,000 sqft: 1,306 low | high Med: 1,306 $ / sqft: $141 low | high Med: $141 On site: 16 low | high Med: 16 | |
| State | MO |
|---|---|
| County | Cape Girardeau |
| City | Cape Girardeau |
| Zip Code | 63703 |
| Community Name | Kenrick Sub |
| School District | Central High |
| Elementary School | Jefferson Elem. |
| High School | Central High |
| Listing VS Median (in Kenrick Sub) | |
Price: $184,000 low | high Med: $184,000 sqft: 1,306 low | high Med: 1,306 $ / sqft: $141 low | high Med: $141 On site: 16 low | high Med: 16 | |