2838 Independence Street

Cape Girardeau, MO 63701

$1,250,000
Price
Beds
23,680 Sq. Ft.
$53 / Sq. Ft.
23,680
Sq. Ft.
$53
per Sq. Ft.

Description

This 22-unit apartment complex is centrally located, close to St. Francis hospital, and looking for its next owner. This multi-family property presents an excellent investment opportunity, sitting on 1.51 acres. Fourteen units (14) 3 bed/1.5 ba, One unit (1) 2bed/ 1 ba, and Seven units (7) 1 bed/ 1 ba. On-site coin operated laundry. Further expense and income information available upon request.This 22-unit apartment complex is centrally located, close to St. Francis hospital, and looking for its next owner. This multi-family property presents an excellent investment opportunity, sitting on 1.51 acres. Fourteen units (14) 3 bed/1.5 ba, One unit (1) 2bed/ 1 ba, and Seven units (7) 1 bed/ 1 ba. On-site coin operated laundry. Further expense and income information available upon request.
  1. Listed by Casie Blattner • Area Properties Real Estate

Amenities

  • Air Conditioning
  • Baseboard Heating
  • Forced Air
  • Laundry
  • Laundry in Building
  • Parking Lot
  • Window AC Installed
LISTING UPDATED: 11/22/2024 01:19 PM

Property Details for 2838 Independence Street

StatusActive
MLS #24070648
Days on Market1
Taxes$6,710 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1978
Lot Size1.51 AC / 65,993 SF
CountyCape Girardeau County

Building Information for 2838 Independence Street

Stories-Residences22Year Built1978Building Size-Lot Size1.51 AC / 65,993 SF

Property Information for 2838 Independence Street

Summary
Location and General Information
  • City: Cape Girardeau
  • County Or Parish: Cape Girardeau
  • Latitude: 37.308518
  • Longitude: -89.565731
  • Location: City
  • Postal Code: 63703
  • State Or Province: MO
  • Sub division Name: Crites 1st
  • Postal Code Plus 4: 5066
Taxes and HOA Information
  • List AOR: Southeast Missouri REALTORS
  • Prop Asses City Tax: 1
  • Parcel Number: 20-306-00-01-00100-0000
  • Tax Annual Amount: $6,710.00
  • Tax Year: 2023
Owner
  • Owner Name: BR Property Partners LLC
Parking
  • Attached Garage: No
  • Parking Features: Parking Lot
School Information
  • Elementary School: Clippard Elem.
  • High School: Central High
  • High School District: Cape Girardeau 63
  • Middle Or Junior School: Central Jr. High
Property
Lot Information
  • Lot Size Acres: 1.515
  • Lot Size Dimensions: 299x221x195x105x217
  • Lot Size Source: County Records
  • Lot Size Square Feet: 65993.0
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 23680.0
  • Above Grade Finished Area Source: Appraiser
  • Documents Count: 3
  • Photos Count: 15
  • Videos Count: 0
  • Year Built: 1978
  • Disclosures: Unknown,Agent Owned,Sellers Discl. Avail
  • Age: 46
Utilities
  • Sewer: Community Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Electric,Gas
  • Cooling: Electric, Window Unit(s), Other
  • Heating: Baseboard, Forced Air
  • Heating YN: Yes
  • Laundry Features: Coin Operated
Multi Family
Multi-Family Information
  • Number Of Units Total: 22
  • One Bed Unit Baths: 1 Per Unit
  • Bedroom number of Units: 7
  • TYPE: Apartment Complex,Apt Bldg/Exterior En
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Units: 1
  • Three Bed Unit Baths: 1 1/2 Per Unit
  • Three Bed Unit Units: 14
Income & Expenses
  • Net Operating Income: $.00
  • Total Expenses: 0.00
Rental
Rent Information
  • Lease Term: Leases
  • Tenant Pays: Electricity, Other, Sewer, Water

Property History for 2838 Independence Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2838 Independence Street

This home is within Cape Girardeau 63 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Clippard Elementary School
PublicPK to 4

Central Middle School
Public5 to 6

Central Jr. High School
Public7 to 8

Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2838 Independence Street is a multi-family home for sale in Cape Girardeau, MO 63701. This property was listed for sale on November 22, 2024 by Area Properties Real Estate, it's currently listed at $1,250,000. This listing's school district is Cape Girardeau 63 School District. Nearby schools include Clippard Elementary School, Central Middle School and Central Jr. High School. 2838 Independence Street is a 0-bed, 0-bath, 23,680 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Area Properties Real Estate

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.