Building Features

• 4 family with 2 two bed units and 2 one bed units.
• Located on a quiet street in Princeton Heights on a block with many single family homes.
• Rents are $595, $550, $540, $500.
• Fixed Expenses (taxes, insurance, water, sewer, trash) are $555 a month and $6,660 annually.
• Rented under market rent for the neighborhood.
• Gross monthly income $2,185, annual gross of $26,220.
• Annual net income approximately $17,000 after expenses.
• One vacancy in the last 3 years.
• Building has updated electric and pvc plumbing, central air and forced air heat, hardwood floors, updated windows and brick sun-rooms for all of the units.

Asking Price $174,900
Priced at an 10% cap rate

Jordan Schoen is a Licensed Broker in the State of Missouri.

Property Features

• Two units have just been updated with new kitchens, baths, furnaces, refinished hardwood floors, tiled floors.
• Units have 6 rooms and a layout that could be used for 2 bedrooms.
• Two units are ready for updates, estimated cost to update the two units is approximately $15,000
• Repairs needed are water heaters, misc. electrical work, kitchen cabinets, counter tops and refinishing hardwood floors.
• Recent after repair appraisal on the property for $215,000.
• 4 off-street parking spots.
• Market rent for the updated units are $600-$625.

Asking $129,900. Motivated Sellers, make offer!

 

Jordan Schoen is a Licensed Broker in the State of Missouri.

Features

• All brick charmer on gorgeous tree lined street in desirable neighborhood
• 3 bedrooms and 2 full baths
• Eat in kitchen
• Formal dining room
• 1500 SQ FT
• Walking distance to parks, shopping, entertainment and restaurants
• Nice hardwood floors
• Covered front porch
• 2 car detached garage with opener
• Custom book shelves
• Stained glass windows
• Patio area
• Natural woodwork
• Large fenced in backyard
• Thermal windows
• All season room
• Walk out basement

Check Out The YouTube Video Tour of The Property
http://youtu.be/-x5KSwhK3vE

Mike Shepherd is a Licensed Real Estate Agent in the State of Missouri.

Consistent cash-flows from a well maintained building.

• $22,800 annual gross income.
• Currently updating the first-floor unit on the east-side.
• After clean-up, rent will be $500/month.
• 2nd floor is ready to rent @ $475/month.
• 2 units one the west side currently rent for $525 for the first floor and 2nd floor rents @ $400/month. 1st floor unit has central air.
• Spacious 3 room, 1 bedroom units with lots of storage available.
• First floor units have sunrooms attached for extra space.
• Newer siding, roof, electric, and plumbing makes this property instant value to any portfolio.

Owner is reducing his portfolio and wants this unit sold.

Call for details.

Dan McCluskey is a Licensed Agent in the State of Missouri.

 

Can Be Purchased As A Package or Individually
Great Location, Walking Distance to St. Louis University, Lafayette Square
Close To Both Highway 40 & 44
Fully Rented Both Buildings Generate $65,220 Annually

3016 – 3018 Henrietta

 

Building Features

• 3 units updated 2008-2012
• HVAC was replaced for all units in 2009
• Roof was tarred in 2013
• Soffit was rebuilt in 2013
• PVC plumbing throughout the building
• Vinyl windows throughout building
• Units are rented for under market rent, identical building to the east has 3 bed renting for $850
• 4,950 Sq ft building with approx 1,200 sq ft units

Income/Expenses

• 3016- 2 bed unit rents for $685
• 3016 A- 3 bed unit rented for $750
• 3018- 2 bed rented for $585 (only unit that is not updated, needs kitchen and bath update)
• 3018 A- 3 bed unit rented for $635

Total Gross monthly income $2,595

Total Gross annual income $31,140

 

• Taxes $1,285
• Insurance $800
• Water and Sewer $2,500
• Maintenance $2,500

Total $7,085

Net annual income after expenses $24,055

 

Asking Price $203,000

Priced at an 11.8% cap rate

 

3008 – 3010 Henrietta

 

Building Features

• All of the units have been updated 2009-2011.
• New HVAC was installed in all of the units in 2009.
• New roof was installed in 2013 with a 12 year guarantee.
• Soffit was rebuilt in 2013.
• PVC plumbing throughout the building.
• Vinyl windows throughout building. New carpet just put in this month.
• Units are rented for under market rent, identical building to the east has 3 bed renting for $850
• 4,950 sq ft building with approx 1,200 sq ft units

Income/ Expenses

• 3008- 2 bed unit rented for $685
• 3008 A- 3 bed unit rented for $735
• 3010- 2 bed unit rented for  $685
• 3010 A- 3 bed unit rented for $735

Total Gross Monthly Income $2,840

Gross Annual Income $34,080

 

• Taxes $1,263
• Insurance $800
• Water & Sewer $2,500
• Maintenance $2,500 (average)

Total $7,063

Net annual income after expenses $27,017
Asking Price $209,000

Priced at a 12.9% cap rate

 

Jordan Schoen Is A Licensed Broker In The State Of Missouri

 

Check Out This Property’s Video Tour

http://youtu.be/LJOiz8EyDAw

 

Features

• Single Family Home with 1500 Sq ft on the main level and 2300 total sq ft.
• Drawings already created for 3 bed 2 bath home with finished basement
• Home features full 800 sq ft walkout basement with which is framed out
• Sits on a quiet dead end street
• There is an attached tuck under garage

 

Comparable Sales Of Smaller Homes 

• 8606 Security Ct.

3 bed 1 bath 1,116 sq ft sold for $149,000 ($133 Sq ft)

• 8141 Mackenzie Rd.

3 bed 2 bath 1,492 sq ft sold for  $158,500 ($106 Sq ft)

• 9416 Sterling

3 bed 2 bath 1,340 sq ft sold for $159,000 ($118 Sq ft)

 

Jordan Schoen is a Licensed Broker in the State of Missouri.

Features

• Large renovated two family with approximately 1000 sq ft units
• Just a short walk to Carondelet Park
• There is a fenced backyard with patio and garage.
• The units feature hardwood floors, new kitchens with granite counter tops, all new cabinets and appliances.
• Electric and plumbing was updated
• The bathrooms are new, the building features original doors and trim.
• Could easily be converted to a 2 and 3 bedroom unit.
• Attached large sun room on the back of building for each unit.
• Ideal for owner occupant or investor
• Market rent ranges from $800-$900 per unit with an annual income of approximately $20,000 annually.

 

Jordan Schoen is a Licensed Broker in the State of Missouri

Check Out the Video Tour on our YouTube Channel: http://youtu.be/nDb1oWaouoY

!*NO SHOWINGS UNTIL THURSDAY, 7/17*

• Custom Details Abound In Every Room Of This 2+ Bedroom, 2 Full Bath Corner Lot Home On One Of The Most Sought After Blocks In Dogtown.
• Roomy Living And Dining Room With Archways, Gleaming Hardwoods, Decorative Fireplace, And Beautifully Preserved Stained And Leaded Glass Windows.
• Kitchen Astonishingly Renovated In 2010 Including $2k Of Custom Glass Tile, Quartzite Natural Stone Counters, Sleek Cabinets, Double-Height Pantry & Stainless Steel Appliances (High End Above-Range Microwave & Duel Fuel Range With Double Ovens.)
• Incredible Attention To Style And Sophistication Continues In The Updated Bathroom And 2 Generously Sized Bedrooms With Wonderful Light.
• A Completely Renovated, Fully Finished Basement You Have To SEE TO BELIEVE Adds A Third Bedroom, Full Bathroom, Laundry, Office, Play Area And Family Room With Gas Fireplace.
• Enclosed Sunroom/Porch Adds Additional Living Area And A Casual Eating Space Off The Kitchen That Opens Up To An Incredible Wrap Around Deck, Perfect For Dining And Entertaining.
• The Fully Landscaped Yard Features A Zoned In-Ground Sprinkler System. 1-Car Garage With Opener Is Charming And Cottage-Like.
• Truly A Stunning, Unique Home In An Unbeatable Location. Pride Of Ownership Is Evident In Every Inch Of This Masterfully Maintained Home.

Jordan Schoen Is A Licensed Broker In The State Of Missouri

Unique Tower Grove South Rehab Opportunity Just One Block From Tower Grove Park and With In Walking Distance to The Botanical Gardens.
Built in 1912 This Tow Family Is Just Waiting For your Creativity and Can Remain A Two Family With 1550 sq ft Units Or Could Also Be Converted Into A four Family or Into a Four Family/Townhouse/live work space or offices.
Property Sold as-is

Jordan Schoen is a Licensed Broker in the State of Missouri