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Pending: Multi-family property for sale - Cape Girardeau

115 North Ellis Street, Cape Girardeau

MLS #21066942

$425,000

Estimated monthly payment: $1,452   Customize
(Assuming 20% down, 3.1% interest, 30-year fixed mortgage)

INVESTOR ALERT! 6-Family Apartment Building offers 3 BR and 1 BA per unit * Located just off Broadway & close to the University * Current rents $650/unit --- prime for a rental increase to be par with current rental market * Approx 1,224 sq ft/ unit * Building features a beautiful architectural design of brick construction – interior of units has hardwood floors, tall ceilings & pretty fireplaces (non-functioning) * Elec baseboard heat & updated circuit breaker elec panels installed in each unit 2014 * Exterior brick painted 2016 * Some units have updated bath or kitchen * 2 nd floor units have an extra 10x10 rm over the staircase * Parking in rear of building and also on street parking * NOTE: This property is part of parcel # 211060013005000000 – Seller will survey and divide the property * Until then, taxes for this building have been pro-rated (estimated) and lot size is estimated * Seller will review all offers by 5 pm Sep 23 & respond to offers by 7 pm Sep 23.

Map

Street View

Facts

  • Status: Pending
  • School district: Cape Girardeau
  • Includes approx. 0.5200 acres
  • Brick, stone exterior
  • Water system: Public water
  • Sewer system: Septic
*
M.A. Bell

M: (573) 604-BELL

O: (573) 335-8111

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  • This property has been viewed 212 times.
  • This listing was last updated September 24, 2021.
  • All information is deemed reliable but is not guaranteed.