(Sold with 208 Lark Avenue, $348,000 each) Great opportunity to own 2-4 unit buildings facing each other, deeded separately and sold together. Multiple updates to units, updated electrical, plumbing and several HVAC systems. High rent of $860 without improving unit, average currently $760. Improve units and rents to $1050(as 208 Lark) and improve cap rate to 9.64%. Call listing agent for more information. Please do not disturb tenants.
Mls | 24072112 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1961 |
Days On Site | 20 |
Listing Provided By | Apartment Advisors of America | Nicholas Smyrniotis |
Acreage | 0.14 |
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State | MO |
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County | St Louis |
City | Unincorporated |
Zip Code | 63125 |
Area | Hancock Place |
Community Name | Telegraph Park |
School District | Hancock Sr. High |
Elementary School | Hancock Place Elem. |
Middle School | Hancock Place Middle |
High School | Hancock Sr. High |
Listing VS Median (in Telegraph Park) | |
Price: $385,000 low | high Med: $0 On Site: 20 low | high Med: |