Value-add 9-unit investment opportunity with income already in place and clear upside ahead! Five finished units currently generate $3,150/month, while three additional units have been gutted and are ready to be finished. The previous roof leak has been addressed, and the final unit will require additional work to get rent-ready. Ideal for an investor looking to increase occupancy, improve cash flow, and build long-term value.
| MLS # | 26028320 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 170 |
| Listing Provided By | Farlow Real Estate Experts Inc | Jeremy Farlow |
| SQ Feet | 9,720 |
|---|---|
| Basement | Y |
| Acreage | 0.15 |
| Cooling | Central Air, Electric, Window Unit(s) |
|---|---|
| Heating | Baseboard, Forced Air, Natural Gas |
| Appliances | Gas Water Heater |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Property | 2763 |
|---|
| State | MO |
|---|---|
| County | Marion |
| City | Hannibal |
| Zip Code | 63401 |
| Area | Hannibal |
| Community Name | City/Hannibal |
| School District | Hannibal Sr. High |
| Elementary School | Eugene Field Elem. |
| High School | Hannibal Sr. High |
| Listing VS Median (in City/Hannibal) | |
Price: $199,900 low | high Med: $295,000 sqft: 9,720 low | high Med: 2,660 $ / sqft: $21 low | high Med: $111 On site: 170 low | high Med: 103 | |
| State | MO |
|---|---|
| County | Marion |
| City | Hannibal |
| Zip Code | 63401 |
| Area | Hannibal |
| Community Name | City/Hannibal |
| School District | Hannibal Sr. High |
| Elementary School | Eugene Field Elem. |
| High School | Hannibal Sr. High |
| Listing VS Median (in City/Hannibal) | |
Price: $199,900 low | high Med: $295,000 sqft: 9,720 low | high Med: 2,660 $ / sqft: $21 low | high Med: $111 On site: 170 low | high Med: 103 | |