1600 N 5th St, De Soto, MO 63020

Property Description

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.)