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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,708 sqft
Price per Sqft $55
Subdivision Nordell Court
MLS Listing ID 18095819
Sold Date 02/05/19
Construction Status 59
Year Built 1960
Building Age 59
Lot Size 0.970 Acres
Acres 0.97
Lot Dimensions 178x245x188x191
Property Description
Very turnkey opportunity with annual rent of $80,520. This is a 12 unit apartment building in the shape of a boomerang. All units are 1bedroom/1 bathroom. One of the 12 units is a studio apartment. There are 5 units on one side, a center breezeway, and 7 units on the other side. This complex is located on an attractive lot with mature trees.
This is a very close-knit community with several tenants that have been here from 3-10 years. Please do not walk the property or disturb tenants.
The units feature a bedroom, bathroom off a short hallway in the center, kitchen with a small dining area, and a nice-sized living room. Kitchens are older but are clean and in good condition. Tenants pay for gas and electric. Each unit has a separate furnace and water heater. There are two coin operated laundry rooms. There are 10 locker areas that could be rented to tenants for extra income.
Comprehensive property management service is available for an additional fee.
Location
State MO
County St Louis
Area Hazelwood East
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 59
Schools
Elementary Schools Jury Elem.
Middle Schools Central Middle
High Schools Hazelwood Central High
School District Hazelwood
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with David Fulkerson