Property Description

Here's an investment opportunity with a head start! This beautifully refinished Craftsman duplex in downtown Hannibal offers two spacious units, each designed with 3 bedrooms and 1.5 bathrooms. Major improvements have already been taken care of, including a complete rewire of the entire building, separate new HVAC systems and water heaters for each unit, and a new roof in 2023. The exterior has also been completely refinished, bringing fresh life to the home's classic Craftsman character. One unit is fully completed and currently occupied by a tenant paying $1,100 per month, with the tenant responsible for utilities. The second unit offers an opportunity to finish the space to your liking and has already been completely sheet rocked. Even better, many of the materials needed to complete it are included with the sale, including kitchen cabinets, light fixtures, toilets, and additional finishing items. Both units have laundry hookups in the basement as well as dedicated attic storage. Out back, a fenced patio provides additional outdoor space for tenants to enjoy. With one side already producing income, many of the big-ticket improvements completed, and much of the groundwork done on the second unit, this property offers an excellent opportunity to complete the renovation and unlock the full potential of this downtown Hannibal duplex.

Property Features

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