$334,000
$350,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
11905 Homestead AVE St Louis, MO 63138
7,231 Sqft Lot
Key Details
Sold Price $334,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision Broadlawns 5
MLS Listing ID 18076001
Sold Date 02/25/19
Construction Status 58
Year Built 1961
Building Age 58
Lot Size 7,231 Sqft
Acres 0.166
Lot Dimensions 64x113
Property Description
This package of six single family homes is 100% leased and generating over $71,000 annually in rent with a 24% cash on cash return and 11% CAP - after allowing for maintenance, property management, vacancy, taxes, utilities, insurance and reserves. Properties have updated kitchens and baths. Aprx. average age of roofs = 8 yrs, furnaces = 8 yrs, water heaters = 7.3 yrs. Interior photos included with this listing are for the property at 800 Laredo. Whether you are a first time investor or looking for a great package to add to your portfolio, you won't want to miss this package that includes:
945 Edgehill Dr. 63135
11905 Homestead Ave. 63138
12031 Larimore Rd. 63138
1010 Lakeview Ave. 63138
800 Laredo Ave. 63138
1740 Atmore Dr. 63136
Complete details with rent rolls available.
Location
State MO
County St Louis
Area Hazelwood East
Interior
Heating Forced Air
Cooling Gas
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame,Vinyl Siding
Construction Status 58
Schools
Elementary Schools Twillman 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 None
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Bought with Katherine LeClere