Apartment Style, Traditional
7412-7418 Olian Drive
Hazelwood , MO 63042
MLS#: 26009021
$1,900,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1959
Sq.Footage
20,154
Stabilized Turn Key 20-Unit Multifamily Investment in Sought-After Hazelwood! Exceptional opportunity to own a stabilized 20-unit apartment building in the highly desirable Hazelwood School District. This well-performing property features a strong mix of 8 one-bedroom units and 12 two-bedroom units, offering both diversity and consistent tenant demand. Units are spacious and updated, with many featuring remodeled kitchens some with granite countertops, updated baths, hardwood or vinyl plank flooring, and stainless steel appliances in select units, mostly updated HVAC systems, water heaters and sewer line replacement. Tenants enjoy the convenience of ample off-street parking, plus access to coin-operated and tenant-owned laundry facilities located in the basements of the buildings. Positioned in a solid rental market with great access to highways, shopping, and major employment hubs, this property is ideal for investors looking for immediate cash flow with long-term growth potential. Tenants pay rent plus utility reimbursements monthly. Well-maintained & professionally managed. Don't miss this chance to add a strong, income-producing asset to your portfolio in one of the most desirable rental markets. PLEASE do not disturb tenants.
Features & Amenities
Interior
-
Other Interior Features
Granite Counters, Storage
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
20154.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Courtyard
-
Parking
Additional Parking, Off Street, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared, Level
-
Lot Size(acres)
0.13
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style, Traditional
Price
-
Sales Price
$1,900,000
-
Tax Amount
$16,857
-
Sq. Footage
20, 154
-
Price/SqFt
$94
HOA
-
Association
No
School District
-
Elementary School
Mcnair Elem.
-
Middle School
Northwest Middle
-
High School
Hazelwood West High
Property Features
-
Foundation Details
Concrete Perimeter
-
Ownership
Private
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Mcnair Elem.
Middle School
Northwest Middle
High School
Hazelwood West High
Listing Courtesy of Chrisy Smith , Realty Executives of St. Louis
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