St Louis, MO 63136,2202 Hord AVE
St Louis, MO 63136,2202 Hord AVE
St Louis, MO 63136,2202 Hord AVE
20
$600,000
$549,900
9.1%
Est.Price: ?

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15,416 SqFt

2202 Hord AVE St Louis, MO 63136

Est. payment /mo
SOLD DATE : 06/07/2023

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Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Sold

Purchase Type For Sale

Square Footage 15,416 sqft

Price per Sqft $38

Subdivision Jennings Tr

MLS Listing ID 23017888

Sold Date 06/07/23

Style Low/1-2

Year Built 1963

Annual Tax Amount $8,767

Lot Size 0.760 Acres

Acres 0.76

Lot Dimensions 275x115x275x115

Property Sub-Type 5 Family or More

Property Description

Check It Out! Rare Opportunity To Own A Fully Rented / Cash-Flowing 10-Family Ranchette Style Apartment Building. Solid Brick Construction, Built To Last. Desirable 2 Bedroom 1 Bathroom Ranch Units, Each Having Central Heating And A/C, Hardwood Floors, Private Basements, And Separate Metered Utilities. Long Term Manager Retiring, And The Mostly Long Term Tenants Are On Month-To-Month For The New Owner To Sign New Leases. Lots Of Upside Potential Due To Units Being Under Market Rent Of $750/Mo. = $90,000/Yr. Total Rent. Current Average $605/Mo. = $72600/Yr. Located In A Quiet Suburban Setting, Near Jennings City Hall. Clean Building With Friendly Tenants That Take Pride In Their Homes. This Is A Must See! Perfect Opportunity For A Savvy Investor To Take Advantage Of Low Commercial Loan Interest Rates With Low Downpayment Options, Making A Nice Cash Flow And High Cash-On-Cash Return!

Location

State MO

County St. Louis

Area 16 - Jennings

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Fireplace N

Appliance Electric Water Heater, Gas Water Heater

Laundry Washer Hookup, In Unit

Exterior

Parking Features false

View Y/N No

Building

Sewer Public Sewer

Water Public

Structure Type Brick Veneer

Schools

Elementary Schools Northview / Gary Gore

Middle Schools Jennings Jr. High

High Schools Jennings High

School District Jennings

Others

Ownership Private

Acceptable Financing Cash, 1031 Exchange, Private Financing Available, Conventional

Listing Terms Cash, 1031 Exchange, Private Financing Available, Conventional

Special Listing Condition Standard

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Listed by Sara R Blandino • Realty Exchange
Bought with Bill Holloway

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Camille Luna

Camille Luna

Agent | License ID: 2011039359

+1(573) 465-0124

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