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Key Details
Sold Price $72,500
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 996 sqft
Price per Sqft $72
Subdivision Northdale
MLS Listing ID 23008316
Sold Date 06/30/23
Style Ranch
Bedrooms 2
Full Baths 1
Construction Status 72
Year Built 1951
Building Age 72
Lot Size 7,479 Sqft
Acres 0.1717
Lot Dimensions 110x72x110x72
Property Description
GREAT CASH FLOW INVESTMENT OPPORTUNITY! - This recently renovated property is part of a 5 single family home investment package; includes 4 - 3bed/1bath and 1 - 2bed/1bath, 3 tenant-occupied and 2 vacant (seller can readily acquire tenant or leave vacant based on buyer preference) Fully rented, properties can generate $59,280 in gross annual rent with 11.89% CAP rate (rate includes annual 8% provision for property management and 5% for maintenance) All properties are within a 5-mile radius. All utilities are paid by tenants. All big-ticket items have been replaced or repaired and all appliances were replaced upon purchase in 2019. For complete details on this package, please see brochure located in the supplements. Included properties are as follows: 23008310 (11900 Lavida Ave), 23008317 (10809 Spring Garden Dr), 23008318 (9709 Dennis Dr), 23008319 (531 Chambers Rd)
Location
State MO
County St Louis
Area Hazelwood East
Rooms
Basement None, Slab
Interior
Heating Forced Air
Cooling Electric
Fireplaces Type None
Fireplace Y
Appliance Gas Oven, Refrigerator
Exterior
Parking Features true
Garage Spaces 1.0
Private Pool false
Building
Lot Description Level Lot
Story 1
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Structure Type Frame
Construction Status 72
Schools
Elementary Schools Larimore Elem.
Middle Schools East Middle
High Schools Hazelwood East High
School District Hazelwood
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition Renovated, None
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Bought with Lance Merrick