521 Walnut Street

Hannibal, MO 63401

$189,000
Price
Beds
1,400 Sq. Ft.
$135 / Sq. Ft.
1,400
Sq. Ft.
$135
per Sq. Ft.

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...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).
  1. Listed by JNelle Schafer Lee • Hannibal Realty LLC

Property Details for 521 Walnut Street

Cross Street
Highway 79
LISTING UPDATED: 07/17/2024 12:54 PM

Property Details for 521 Walnut Street

StatusActive
MLS #24044595
Days on Market72
Taxes$270 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1875
Lot Size0.14 AC / 5,881 SF
CountyMarion County

Building Information for 521 Walnut Street

Stories-Residences-Year Built1875Building Size-Lot Size0.14 AC / 5,881 SF

Property Information for 521 Walnut Street

Summary
Location and General Information
  • City: Hannibal
  • County Or Parish: Marion
  • Latitude: 39.703493
  • Longitude: -91.352834
  • Postal Code: 63401
  • State Or Province: MO
  • Sub division Name: Hawkins SD
  • Postal Code Plus 4: 4849
Taxes and HOA Information
  • List AOR: Mark Twain Association of REALTORS
  • Prop Asses City Tax: 1
  • Parcel Number: 010.08.28.3.24.006.000
  • Tax Annual Amount: $270.00
  • Tax Year: 2023
Owner
  • Township: Hannibal
  • Owner Name: Walnut Grove Llc
Parking
  • Attached Garage: No
  • Parking Features: None
School Information
  • Elementary School: A. D. Stowell Elem.
  • High School: Hannibal Sr. High
  • High School District: Hannibal 60
  • Middle Or Junior School: Hannibal Middle
Property
Lot Information
  • Lot Size Acres: 0.135
  • Lot Size Dimensions: 42x140
  • Lot Size Source: County Records
  • Lot Size Square Feet: 5881.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 1400.0
  • Above Grade Finished Area Source: Other
  • Documents Count: 6
  • Building Desc: Duplex
  • Photos Count: 16
  • Videos Count: 0
  • Year Built: 1875
  • Disclosures: Unknown,Sellers Discl. Avail
  • Age: 149
  • Construction Materials: Brick Veneer, Frame
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 2-Family
Income & Expenses
  • Net Operating Income: $24,630.00
  • Operating Expense Includes: Electricity,Gas,Insurance,Water/Sewer,Taxes,Trash,Fixed Expenses
  • Total Expenses: 5850.00
Unit 1
  • Efficiency: 1
  • Unit Rooms: 3
Unit 2
  • Unit Full Baths: 2
  • Unit Rooms: 4
  • UnitType Beds Total: 2.0
Rental
Rent Information
  • Lease Term: Other
  • Tenant Pays: No Utilities

Property History for 521 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 521 Walnut Street

Taxable ValueLand$310Additions$4,010Total$4,320
Tax Record2023$270 ($22 / month)
Home Facts
Beds2Total Finished SqFt788 SqFtAbove Grade Finished SqFt788 SqFtStories1Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1875CountyMARIONAPN010.08.28.3.24.006.000

Schools near 521 Walnut Street

This home is within Hannibal 60 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
A. D. Stowell Elementary School
PublicK to 5

Hannibal Middle School
Public6 to 8

Hannibal Sr. High School
Public9 to 12

Eugene Field Elementary School
PublicPK to 5

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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521 Walnut Street is a multi-family home for sale in Hannibal, MO 63401. This property was listed for sale on July 17, 2024 by Hannibal Realty LLC, it's currently listed at $189,000. This listing's school district is Hannibal 60 School District. Nearby schools include A. D. Stowell Elementary School, Hannibal Middle School and Hannibal Sr. High School. 521 Walnut Street is a 0-bed, 0-bath, 1,400 sqft multi-family home built in 1875.

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 Hannibal Realty LLC

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.