Description
Rare opportunity to acquire portfolio of 12 single-family homes providing an excellent blend of stability, income, and future upside potential. each home features a minimum of 3 bedrooms and 1 bathroom, with one home 5 bedrooms and 2 bathrooms. 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one. the current owners have invested approximately $180k into capital improvements and updates since 2022. a savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar. significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. this presents a compelling value-add opportunity for investors looking to optimize returns. seller will be reviewing offers october 8th at 12:00pm. please include a response time of october 9th at 12:00pm. duplicate 24062247
Property Type
ResidentialSubdivision
Frostwood 6County
Saint LouisStyle
TraditionalAD ID
47090866
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Property Details
-
Interior Features
Bedroom Information
- Total Bedroom: 38
Bathroom Information
- Total Baths: 13
- Full Baths: 13
Interior Features
- Carpets, Walk-in Closet(s), Some Wood Floors
- Appliances: Dishwasher, Microwave, Range Hood, Gas Oven, Refrigerator
Flooring Information
- Construction Materials: Brk/Stn Veneer Frnt, Vinyl Siding
Heating & Cooling
- Heating: Forced Air
- Cooling: Gas
- WaterSource: Public
-
Exterior Features
Building Information
- Year Built: 1954
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Property / Lot Details
Lot Information
- Lot Dimensions: 100x100
- Lot Description: Sidewalks
- Lot Square Feet: 94612
- Lot Acres: 2.172
Property Information
- Property Type: Residential
- Sub Type: Residential
- Style: Traditional
-
Listing Information
Listing Price Information
- Original List Price: $1195000
-
Taxes / Assessments
Tax Information
- Annual Tax: $15397
- Tax Year: 2023
- Parcel Number: 10J-42-0253
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Attached Garage: 1
- Total Parking: 12
- Covered, Off Street
-
School, Utilities &Location Details
School Information
- Elementary School: Wedgwood Elem.
- Junior High School: Ferguson Middle
- Senior High School: Mccluer High
Location Information
- Subdivision: Frostwood 6
- City: Hazelwood
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BuyOwner last updated this listing Sat Oct 19 2024
- MLS: MAR24062040
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MARIS MLS
is a Home, with 38 bedrooms which is recently sold, it has 0 sqft, 2 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Hazelwood , in zip code 63042, this Saint Louis County Home , it is in the Frostwood 6 Subdivision, are nearby neighborhoods.