Multi-family property for sale - Cape Girardeau

3 Village Drive, Cape Girardeau

MLS #20075745

$1,399,000

Estimated monthly payment: $4,779   Customize
(Assuming 20% down, 3.1% interest, 30-year fixed mortgage)

Location! Location! Location! Investment Opportunity next to SEMO Campus perfect for college housing. Property is 15 unit apartment complex built in 2013. All units are 2 bedrooms, 2 baths. Each unit includes washer and dryer. Current rent is $800 per unit. Low maintenance and nice newer units. Current Annual Rental Income is $144,000. Owner pays water/sewer/trash and tenant is responsible for all other utilities.

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Facts

  • Status: Active
  • School district: Cape Girardeau
  • Includes approx. 0.8500 acres
  • Heating: Forced air
  • Cooling: Central air
  • Water system: Public water
  • Sewer system: Public sewer

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Notices

  • This listing provided courtesy of the Mid America Regional Information Systems Internet Data Exchange. © 2020 MARIS. This website does not display the entire MARIS IDX database. Property listings of some REALTOR® brokerage firms have been excluded.
  • This property has been viewed 35 times.
  • This listing was last updated October 16, 2020.
  • All information is deemed reliable but is not guaranteed.