521 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Hannibal,MO 63401
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $135
Subdivision Hawkins Sd
MLS Listing ID 24044595
Year Built 1875
Building Age 149
Lot Size 5,881 Sqft
Property Description
Welcome to 521-523 Walnut! This is an updated turn-key, investment property! The exterior and interior have been completely updated. This property features two units. One unit is an efficiency unit and rents for $1,150 per month. This unit has a front patio. The second unit has two bedrooms and two bathrooms and rents for $1,415 per month. This unit has balcony and a deck. Each unit is currently fully furnished, has separate HVAC, laundry, and is separately metered. This could be a great short term rental, long term rental, or live in one unit and rent the other. The current owner pays all utilities currently. Located near downtown Hannibal. Great cash flow property. This property would be good to add to your portfolio! Potential rental income is $30,480 minus expenses (insurance, taxes, utilities) of $8,850 leaving a net income of $21,630 (minus any loan payment if getting a loan).
Location
State MO
County Marion
Area Hannibal
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame
Schools
Elementary Schools A. D. Stowell Elem.
Middle Schools Hannibal Middle
High Schools Hannibal Sr. High
School District Hannibal 60
Others
Acceptable Financing Cash Only,Conventional,FHA,USDA
Listing Terms Cash Only,Conventional,FHA,USDA
Special Listing Condition None