Traditional
1600 N 5th Street
De Soto, MO 63020
MLS#: 26068981
$75,000
Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1915
Sq.Footage
919
Investor Special on .65 Acres in the Heart of DeSoto at the corner of Essex and N 5th! Exceptional investment opportunity within the city limits of DeSoto! Situated on a spacious .65-acre lot, this property offers endless potential for investors, developers, or ambitious renovators. The existing home was in the process of being converted into two 1-bedroom, 1-bathroom apartments and already features separate entrances, providing a head start on a potential income-producing rental property. However, no interior dividing wall has been constructed, leaving flexibility for your vision. The home is in need of a complete renovation and may be best suited for a tear-down and redevelopment project. With ample lot space and convenient city utilities, the property presents a rare opportunity to build new homes, create rental units, or design a custom project to meet today's housing demand. Conveniently located just minutes from Main Street, shopping, schools, churches, and Highway 110, this property combines accessibility with development potential. Property is being sold AS IS, WHERE IS. Seller will make no repairs and will not remove any personal property or contents remaining inside the home. Bring your ideas and unlock the possibilities this DeSoto property has to offer! (Seller has never lived in the home and has no additional information on the home.)
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
Above Grade Finished Area
919.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Back Yard, Corner Lot
-
Lot Size(acres)
0.65
-
Lot Size(square feet)
28,314
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$75,000
-
Tax Amount
$935
-
Financing Options
Cash
-
Sq. Footage
919
-
Price/SqFt
$81
HOA
-
Association
No
School District
-
Elementary School
Vineland Elem.
-
Middle School
Desoto Jr. High
-
High School
Desoto Sr. High
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Jefferson
Elementary School
Vineland Elem.
Middle School
Desoto Jr. High
High School
Desoto Sr. High
Listing Courtesy of Christina Martin, Coldwell Banker Realty - Gundaker
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AGENT
Susan Whittle
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