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Property profile & analytics
OFF-MARKET
Commercial real estate

105-107 8Th St Hannibal, MO 63401

1,800 SF Built 1890
Property ID
US48-1342016
Property summary
AI-generated overview

This charming two-unit apartment building, located in downtown Hannibal, Missouri, presents a compelling investment opportunity. The property, situated at 105-107 N 8th St, boasts a total of 1,800 square feet on a 1,307 square foot lot. Built in 1890, this two-story building features two separate apartments, each with its own entrance. One unit offers two bedrooms and one bathroom, while the other includes two bedrooms, an office, and one bathroom. The property includes six parking spaces, a significant advantage in a downtown location. Each unit has separate utilities, paid by the tenant. Based on comparable rentals, the property could generate a minimum monthly rental income of $650 per unit. The property's central location and potential rental income make it an attractive option for both investors seeking rental income and individuals looking to live in one unit while renting the other. The Marion County property (APN: 010.09.29.4.08.004.020) is offered at an asking price of $138,000. This is a private sale.

Property profile
Verified
Property type Commercial real estate
Year built 1890
Total area 1,800 SF
APN 010.09.29.4.08.004.020
UPID US48-1342016
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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