$815,000
$925,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
7136 Lillian AVE St Louis, MO 63121
21,205 SqFt
Key Details
Sold Price $815,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 21,205 sqft
Price per Sqft $38
Subdivision Kenwood Homesites
MLS Listing ID 24000455
Sold Date 06/13/24
Construction Status 75
Year Built 1949
Building Age 75
Lot Size 2.690 Acres
Acres 2.69
Lot Dimensions 105x51
Property Description
Portfolio of 21 homes with 20 located in north St. Louis county, 1 in south St. Louis with a mix of 3, 2 and 1 beds. Potential to increase rents significantly both as-is and with additional updates. The average rent for the homes is $899 a month based on similarly sized rental homes with the same bedroom and bathroom count in the same zip codes. Potential to update homes and sell them to owner-occupants in the future. There are numerous similarly sized updated homes selling for over $100,000 nearby. Management company in place that has been managing properties for 19 years located near the homes, management services can remain in place if desired. Most homes are located in very close proximity providing ease with maintenance, and leasing. Seller recently completed several capital expenditure items, and completed numerous turnovers. Sold as-is. Showings will be available with an accepted contract. An additional 21 home portfolio is available nearby. Please inquire for additional info
Location
State MO
County St Louis
Area North
Interior
Heating Forced Air
Cooling Wall Unit(s), Electric, Gas
Fireplace N
Laundry Lndry Connect Sm Un
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Other,Vinyl Siding
Construction Status 75
Schools
Elementary Schools Barack Obama Elementary School
Middle Schools Barack Obama Middle School
High Schools Normandy High
School District Normandy
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Other
Listing Terms Cash Only, Conventional, Other
Special Listing Condition Other, None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jordan Schoen