NOT LISTED FOR SALE

1451 Luce St Cape Girardeau, MO 63701

-- Bed
3 Baths
2,632 Sq Ft
7,841 Sq Ft Lot

Last Sold July 29, 2020

35 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Laundry Facilities

About This Home

As of July 2020

Ever heard of a money machine? This 2.5 story Victorian home has been converted into apartments located in downtown Cape Girardeau within walking distance of SEMO University, Southeast Hospital, parks, schools & local shopping. With 3 apartments ranging from 2 bedroom to a 5 bedroom offering flexibility as a possible boarding room option, this property is loaded with potential for maximizing income. Many of the high-ticket repairs you'd be concerned with as an investor have already been addressed in the form of brand new metal roof over the main structure, new shingled roof over porches, 3 individual electric meters with updated panels, 2 almost new high-efficiency furnaces serving the 1st & 2nd levels, 3 like-new water heaters, new cabinets and updated appliances in some kitchens, and miscellaneous repairs throughout including maintenance to key areas such as porch and rear stair tower. If you know rental property you'll recognize the value & opportunity here so call today!

Last Agent to Sell the Property

Tracey Miller

Vylla Home License #2011025819 Listed on: 05/14/2020

Vylla Home

Last Buyer's Agent

Tracey Miller

Vylla Home License #2011025819 Listed on: 05/14/2020

Vylla Home

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x154

Home Design

  • 2,632 Sq Ft Home
  • Triplex
  • Vinyl Siding

Parking

  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Franklin Elem. Elementary School
  • Central Jr. High Middle School
  • Central High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 21-105-00-02-00200-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Cape Girardeau
  • Age: 90
  • Ownership: Private
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Deck, Laundry Facility in
  • Square Footage: 2632

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Additional Parking, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 3 Plus Window/Wall
  • Heating: Baseboard

Schools

  • School District: Cape Girardeau 63
  • Elementary School: Franklin Elem.
  • Middle School: Central Jr. High
  • High School: Central High
  • Elementary School: Franklin Elem.
  • Junior High School: Central Jr. High
  • School District: Cape Girardeau 63
  • Senior High School: Central High

Lot Info

  • Lot Dimensions: 50X154
  • Lot Number: 17
  • Lot Sq Ft: 7841
  • Acres: 0.1800

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 1750.00
  • Units: 3
  • Total Expenses: 693.00
  • Type Of Units: 3-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 693
  • Assessor Parcel Number: 21-105-00-02-00200-0000

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2020 07/29/20 Sold -- -- --
06/19/2020 06/19/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $149,900 +114.4% $57 / Sq Ft
03/06/2019 03/06/19 Sold -- -- -- View Prior Sale
02/20/2019 02/20/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $69,900 -- $27 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20031837

MARIS MLS