Hannibal, MO 63401 521 Walnut Street

Welcome to 521-523 Walnut! This is an updated turn-key, investment property! The exterior and interior have been completely updated. This property features two units. One unit is an efficiency unit and rents for $1,150 per month. This unit has a front patio. The second unit has two bedrooms and two bathrooms and rents for $1,415 per month. This unit has balcony and a deck. Each unit is currently fully furnished, has separate HVAC, laundry, and is separately metered. This could be a great short term rental, long term rental, or live in one unit and rent the other. The current owner pays all utilities currently. Located near downtown Hannibal. Great cash flow property. This property would be good to add to your portfolio! Potential rental income is $30,480 minus expenses (insurance, taxes, utilities) of $8,850 leaving a net income of $21,630 (minus any loan payment if getting a loan).