Price Reduced Listing
609 Themis Street,Cape Girardeau, MO 63701
Cape Girardeau, MO 63701
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!
Details
| MLS # | 26048397 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 37 |
| Listing Provided By | EXP Realty, LLC | Christina Essner |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,982 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.10 |
Interior
| Rooms Total | 6 |
|---|---|
| Cooling | Electric, Multi Units, Separate Meters, Varies by Unit |
| Heating | Baseboard, Varies by Unit |
Exterior
| Construction Materials | Brick |
|---|---|
| Lot Features | City Lot |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected |
|---|---|
| Electric | 220 Volts |
| Sewer | Public Sewer |
Taxes
| Property | 664 |
|---|
Area Information
| State | MO |
|---|---|
| County | Cape Girardeau |
| City | Cape Girardeau |
| Zip Code | 63701 |
| Community Name | City/Capegirardeau Range C |
| School District | Central High |
| Elementary School | Franklin Elem. |
| High School | Central High |
| Listing VS Median (in City/Capegirardeau Range C) | |
Price: $98,000 low | high Med: $98,000 sqft: 1,982 low | high Med: 1,982 $ / sqft: $49 low | high Med: $49 On site: 37 low | high Med: 37 | |
Market Activity 63701
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MO |
|---|---|
| County | Cape Girardeau |
| City | Cape Girardeau |
| Zip Code | 63701 |
| Community Name | City/Capegirardeau Range C |
| School District | Central High |
| Elementary School | Franklin Elem. |
| High School | Central High |
| Listing VS Median (in City/Capegirardeau Range C) | |
Price: $98,000 low | high Med: $98,000 sqft: 1,982 low | high Med: 1,982 $ / sqft: $49 low | high Med: $49 On site: 37 low | high Med: 37 | |
