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119 Summerfield Way

Cape Girardeau MO 63701

4
5198 sq. ft.
13982.76 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Fully occupied and ready to perform! Exceptional investment opportunity in beautiful Baldwin Village, now offered at $710,000. With both sides currently leased and generating rental income, this well-maintained duplex offers immediate cash flow and strong long-term potential for investors and 1031 exchange buyers looking to add a quality asset to their portfolio. Each spacious unit features beautiful hardwood flooring, quality Beussink cabinetry, an inviting open-concept living and kitchen area, and a large laundry/mudroom complete with a utility sink, cabinetry, and excellent storage. The lower level of each unit provides additional living space with a bedroom and bathroom, along with unfinished storage and the potential to further improve or expand the finished basement area. Each side also features its own attached 2-car garage, offering a total of four garage spaces and a highly desirable amenity for tenants. Outside, each residence enjoys its own separated, fenced backyard area, providing added privacy and individual outdoor space. The property's location is another major advantage—just minutes from I-55 at the LaSalle exit with convenient access to hospitals, universities, schools, shopping, dining, and everything Cape Girardeau has to offer. With 100% occupancy, immediate rental income, quality construction, spacious units, and future value-add potential, opportunities like this are difficult to find in one of Cape Girardeau's desirable rental areas. Whether you're completing a 1031 exchange or expanding your investment portfolio, this Baldwin Village duplex offers the combination of location, income, and long-term potential investors are looking for!

Features

4 carspaces
4 garage spaces
5198 sq. ft. floor area
13982.76 sq. ft. lot size
Multi-Family

Happy sellers in Cape Girardeau

95%
95% of sellers in Cape Girardeau reported that their sale price either exceeded or met their price expectations.

Cape Girardeau stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Cape Girardeau over the last 12 months.

Local market activity for multi families in Cape Girardeau

In the last 12 months, 11 multi families similar to 119 Summerfield Way, have been sold.

This represents a 57% increase in multi families sales when compared to the previous 12 months.

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