Home Details for 703 N Carolina Street

Exceptional investment opportunity in the heart of Louisiana, MO! This impressive historic three-unit income-producing property is generating immediate cash flow with two units currently occupied by solid, reliable tenants with a good rental history — putting money in your pocket from day one. A third unit is vacant and move-in ready, offering the opportunity to maximize your rental income immediately upon closing. Full financial details including income, expenses, and cap rate are strong and available upon request. What makes this property especially attractive to investors is the incredibly low expense structure. Tenants pay all utilities including heat, electric, and trash, keeping landlord overhead to an absolute minimum. Clean tenant history with no evictions and no notices to quit — this is a well-managed, stable investment. The property itself is a true standout. This beautiful historic two-story home offers 3,046 square feet — one of the largest properties in the market — with 6 bedrooms and 3 full bathrooms spread across three units. Hardwood floors run throughout, and the stunning covered front porch with classic columns and iconic stone foundation give this property the kind of curb appeal that photographs beautifully and attracts quality tenants. Each unit includes a stove and refrigerator. Ideally situated in a prime location directly across the street from three area churches, this property benefits from a peaceful, established neighborhood setting that tenants love and that supports long-term occupancy stability. Sold in its present condition. All leases, pro-rated rents, and security deposits transfer to buyer at closing. Do not disturb tenants. Showings by appointment only. Strong financials available upon request — call today!

• Utilities

  • Electricity Available
  • Natural Gas Available
  • Sewer Connected
  • Water Connected

• Heating Information

  • Natural Gas
  • Exhaust Fan

• Cooling Information

  • Wall/Window Unit(s)

• Water Features

  • Public

• Basement

  • Sump Pump