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$ 600,000
Est. payment /mo
New
224 N Frederick ST Cape Girardeau, MO 63701
0.77 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Cape Girardeau
MLS Listing ID 25068336
Year Built 1989
Annual Tax Amount $3,123
Lot Size 0.770 Acres
Acres 0.77
Property Description
In the heart of downtown and just steps from dining, shopping, and campus life, this fully renovated 11-bedroom property offers a rare combination of size, location, and versatility. Formerly a medical facility, this solid, slab-built structure was completely transformed in 2020 into a high-demand sorority house, making it a proven income-producing asset for its current owners. Spanning over 5,100 square feet, the home features bedrooms thoughtfully arranged along the perimeter for privacy, while the center of the home offers a spacious living room, dining area, and oversized kitchen with a butler's pantry. A bright, inviting sunroom stretches across the back. With three bathrooms, one half bath, and two laundry rooms, the layout is designed for high occupancy and convenience. Situated on a generous lot with twenty-five parking spaces, this property is perfectly suited for group housing, co-living arrangements, student rentals, or even a conversion back into professional office or medical space. Whether you're an investor seeking strong rental income, an organization in need of housing, or a visionary ready to adapt this space to your unique use, this property offers unmatched flexibility in one of the most desirable locations in town. Property is owned by licensed Realtors.
Location
State MO
County Cape Girardeau
Interior
Heating Forced Air
Cooling Central Air
Flooring Luxury Vinyl
Fireplace N
Appliance Dishwasher, Microwave, Electric Oven, Refrigerator, Washer/Dryer
Laundry Common Area
Exterior
View Y/N No
Building
Water Public
Structure Type Brick Veneer
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Christina Essner • EXP Realty, LLC
