Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
10,488
These three turnkey buildings are a breeze to rent! They each feature four units with 2-beds, 1-bath, LR, DR. Renovations include kitchens, baths, appliances, cabinets, new and resurfaced floors, new furnaces, and new energy efficient windows. Flooring is mostly hardwood or wood laminate (some carpet), and tile in the bathrooms/kitchens. The buildings have newer roofs and condenser units. Storage units, laundry hookup, and reserved off-street parking spots for each unit make for happy residents. Electric panels are Federal Pacific. Tenants pay electric and gas. Owner pays sewer, water, trash, lawn/snow, and maintenance. With current rents (avg. 745) and a proven pro-forma rent for vacant unit these properties are at a 7.68% cap rate at asking price. Manage yourself or factor in a PM for convenience. Rentometer indicates plenty of room to grow rents. Addresses are 7401 Olian, 7403 Olian, and 7408 Burcke. Available individually at MLS #23011914, #23011913, #23011952 Show 7403 Olian #A.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
10488.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Assigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.77
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Low/1-2
Price
-
Sales Price
$950,000
-
Tax Amount
$7,235
-
Sq. Footage
10, 488
-
Price/SqFt
$90
HOA
-
Association
Yes
-
Association Fee
$1,040
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
Mcnair Elem.
-
Middle School
Northwest Middle
-
High School
Hazelwood West High
Property Features
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis-MO
Elementary School
Mcnair Elem.
Middle School
Northwest Middle
High School
Hazelwood West High
Listing Courtesy of Tammy K Derrigan , Radius Realty
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