• Asking Price See Price
  • Estimated Value: $162,482

  • Restricted Address CAPE GIRARDEAU, MO 63701

  • 3 Baths 3,300 SqFt
  • Townhouse or Condo / HUD Foreclosure
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Property Details for WASHINGTON St, CAPE GIRARDEAU, MO 63701

Features

Facts

Sale Type

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

Description

This 3 unit building is an excellent investor opportunity OR perhaps you are looking to find a way to hoes hack--live in one unit and rent the others! This property has long term tenants. Two are month to month in the single bedrooms making $500/m each in gross rents and the upstairs 4 bedroom unit has a lease signed until July of 2025 for $1400/m in rent 100% HUD subsidized. New HVAC, new floors, and new paint in the upstairs unit and a finished attic area that created one more bed and additional living area. The other two units HVAC is only a few years old. Roof is 3-5 years. All electric and plumbing is up to date/newer. nnAgain, this is an amazing investment opportunity and won't last long. nnRequires 24 hour notice as all units are occupied. And this building is agent owned.

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Property Brokerage: EXP Realty, LLC 3636 S Geyer Rd Ste 100 Saint Louis MO 63127
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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