119/121 Summerfield WAY, Cape Girardeau, MO 63701
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119/121 Summerfield WAY, Cape Girardeau, MO 63701
119/121 Summerfield WAY, Cape Girardeau, MO 63701
119/121 Summerfield WAY, Cape Girardeau, MO 63701
119/121 Summerfield WAY, Cape Girardeau, MO 63701
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$ 724,900
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119/121 Summerfield WAY Cape Girardeau, MO 63701

5,198 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,198 sqft

Price per Sqft $139

Subdivision Baldwin

MLS Listing ID 26028588

Style Ranch

Year Built 2013

Lot Size 0.321 Acres

Acres 0.321

Property Sub-Type 2-4 Units

Property Description

Fully occupied and ready to perform! Exceptional investment opportunity in beautiful Baldwin Village, now offered at $724,900. 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!

Location

State MO

County Cape Girardeau

Rooms

Basement 9 ft + Pour, Bathroom, Concrete, Daylight, Daylight/Lookout, Partially Finished, Sleeping Area, Storage Space, Walk-Out Access

Interior

Heating Natural Gas

Cooling Central Air

Flooring Hardwood

Fireplace N

Appliance Cooktop, Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer/Dryer

Exterior

Parking Features true

Garage Spaces 4.0

Fence Back Yard

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

View Y/N No

Private Pool false

Building

Lot Description Back Yard, Interior Lot

Story 2

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools East Elem.

Middle Schools Jackson Russell Hawkins Jr High

High Schools Jackson Sr. High

School District Jackson R-Ii

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition Standard


Listed by Rylan Martin • SMG Realty

Nearby School & Business

Fred Venturini

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

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