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10809 Spring Garden Drive

St Louis, MO 63137

3 beds
1 bath
927 sqft
6,120 sqft lot
$73 per sqft
1956 build
– on site

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GREAT CASH FLOW INVESTMENT OPPORTUNITY! - This recently renovated property is part of a 5 single family home investment package; includes 4 - 3bed/1bath and 1 - 2bed/1bath, 3 tenant-occupied and 2 vacant (seller can readily acquire tenant or leave vacant based on buyer preference) Fully rented, properties can generate $59,280 in gross annual rent with 11.89% CAP rate (rate includes annual 8% provision for property management and 5% for maintenance) All properties are within a 5-mile radius. All utilities are paid by tenants. All big-ticket items have been replaced or repaired. Seller in process of obtaining tenant. For complete details on this package, please see brochure located in the supplements. Included properties are as follows: 23008310 (11900 Lavida Ave), 23008316 (1241 Laredo Ave), 23008318 (9709 Dennis Ave), 23008319 (531 Chambers Rd)

Listing courtesy of MARIS / Keller Williams Chesterfield

Last checked: Checking… • Last updated Jul 2, 2023 •

MLS# 23008317 —

The Building

Year Built:

1956
Architectural Style:

Traditional
Window Features:

Six Panel Door(s)
Levels:

One
Basement:

Concrete, Full
Basement:

true
Above Grade Finished Area:

927
Above Grade Finished Area Source:

Public Records

Interior

Rooms Total:

6
Interior Features:

Open Floorplan, Carpets
Living Area:

927
Fireplace:

false
Fireplace Features:

None

Financial & Terms

Price Per SqFt:

73.35

Location

Directions:

GPS friendly :) From I-270 E, take exit 34 and turn right onto Riverview Dr. Turn right onto Spring Garden Drive. Your new investment is 1 mile down on the left.
Latitude:

38.76127
Longitude:

-90.188655
Cross Street:

Riverview Dr

The Property

Parcel Number:

10D-22-0281
Property Type:

Residential
Property Subtype:

Residential
Lot Features:

Level Lot, Partial Fencing
Lot Size Acres:

0.1405
Lot Size Dimensions:

116x50x116x52
Lot Size SqFt:

6120
Lot Size Source:

County Records
Water Source:

Public
Waterfront:

false
Driveway:

Concrete

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

1201
Tax Legal Description:

GLASGOW VILLAGE UNIT NO 13 L OT 35 BLOCK 24B

Beds

Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Total Baths:

1
Full Baths:

1
Main Level Baths:

1

The Listing

Disclosures:

Unknown, Flood Plain No, Sellers Discl Not Av, Unincorporated
Special Listing Conditions:

Renovated, None
Buyer's Brokerage Compensation:

2.5%%
Dual Variable Compensation:

false

Heating & Cooling

Cooling:

Electric
Heating:

Forced Air
Heating:

true

Utilities

Sewer:

Public Sewer

Appliances

Appliances:

Gas Oven, Refrigerator

Schools

Elementary School:

Highland Elem.
Middle Or Junior School:

R. G. Central Middle
High School:

Riverview Gardens Sr. High
High School District:

Riverview Gardens

The Community

Subdivision Name:

Glasgow Village Unit 13
Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Parking Features:

Off Street
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

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Utility Costs

$138/mo.

Estimate provided by ClearlyEnergy

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Sale history

Date	Event	Source	Price	% Change
6/30/23 Jun 30, 2023	Sold	MARIS	$68,000	-7.7%
5/18/23 May 18, 2023	Pending	MARIS	$73,700
2/21/23 Feb 21, 2023	Listed / Active	MARIS	$73,700	194.8%

House Sold on 6/30/2023

$68,000

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Listing Courtesy of: MARIS and Keller Williams Chesterfield.

Information from Third Parties, Deemed Reliable but Not Verified.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

10809 Spring Garden Drive

St Louis, MO 63137