402 W Railroad St

About This Home

This 3-bedroom, 2-bathroom residential/commercial, investment property has a ton of potential! It was once a thriving restaurant/bar/lounge. With some passion and hard work, this could be a running business again or a very eccentric home for a large family! **To request the lock code to view/inspect the inside of this property: You will need to either text a photo ID to or email a photo ID to . We also have a 2-bedroom investment house listed next door to this property, located at 301 N Lunbeck. The seller is open to negotiate if you purchase both. *The backdoor is open for serious investors to view/inspect during daylight hours. Located in the Gideon School District Located in New Madrid County. Property Owner Financed/Sold in AS-IS condition only! Buyers are required to do their OWN Due Diligence/Inspections on all properties. *** Note: Photos are dated and may not represent current aesthetics. Please go look at this property in person, then contact us if interested. *** Parcel No. Part of 23-6.1-13-000-000-020.00 Go Check This Property Out, Then Apply when ready to purchase! Down Payment: $700.00 Total Monthly Payment Due each Month $390.00 Monthly Payment Breakdown: **Monthly Financed Payment: $250.00 **Monthly Estimated Taxes: $65.00 **Monthly No-Insurance Fee: $75.00 The Total Amount Required To Enter Into An Agreement: $1,190.00 includes all of the above. Purchase Price: $24,060.00 There is a monthly $75.00 “NO Insurance Fee” that is applied until you provide your own Insurance Policy as discussed in your Lease. This fee will be taken off the monthly payment once you have your own policy. Checklist Before Applying: 1) Have you viewed the property of interest in person and inspected it inside and out? *You are viewing at your own risk during daylight hours. Not all homes are safe. 2) Are you completely satisfied with the property of interest and ready to sign a Lease Option/Purchase Contract? Most homes are in need of extensive work. FINANCED/SOLD AS IS, which is reflective of the price. Owner(s) do not make ANY warranty of the condition of any property and will not make any repairs needed. 3) Do you have the REQUIRED amount to begin your purchasing process? If you have NOT completed the above tasks, then DO NOT fill out the application. The application is for when you are ready to purchase ONLY. PLEASE TAKE THE TIME TO READ OUR TERMS AND CONDITIONS. THOROUGHLY INSPECT THE PROPERTY IN PERSON & DO ALL YOUR DUE DILIGENCE PRIOR TO ENTERING INTO AN AGREEMENT WITH OUR COMPANY. ALL OUR PROPERTIES ARE CONSIDERED FIXER-UPPERS & WE DO NOT OFFER REFUNDS.