119/121 Summerfield Way, Cape Girardeau, MO 63701

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!