$605,000
$650,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
2323 Woodson St Louis, MO 63114
0.44 Acres Lot
Key Details
Sold Price $605,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision Overland 2
MLS Listing ID 21006294
Sold Date 04/13/21
Construction Status 62
Year Built 1959
Building Age 62
Lot Size 0.443 Acres
Acres 0.443
Lot Dimensions 100x193
Property Description
100% Occupied, turn key 8% cap with value add component to raise rents as are under market.
Located in Overland minutes from shopping, restaurants and I-70.
All units individually metered. 1 and 2 beds have HVAC and full size washer / dryer in units.
Newer roofing and some electrical updates.
Great portfolio add or entry to multifamily investing. 16% Cash on Cash creates $21,241 actual cash flow day one + annual principal pay down of $13,250 totaling annual return to $34,491.
No showing until week of 2/9/2021. Email listing agent for Offer Memorandum
Location
State MO
County St Louis
Area North
Interior
Heating Conversion, Dual
Cooling Electric, Window Unit(s)
Fireplace N
Laundry Lndry Connect Sm Un
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 62
Schools
Elementary Schools Buder Elem.
Middle Schools Ritenour Middle
High Schools Ritenour Sr. High
School District Ritenour
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition None
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Bought with James Hastings