7325 Park Drive
St Louis, MO 63133
- – beds
- – baths
- – sqft
- 6,316 sqft lot
- 1957 build
- – on site
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Back On Market Due To Buyer Credit Issues! PRICE REDUCTION! Solid Brick 2-Family Income Property For Sale. Fully Leased & Centrally located! Near I - 170 & St Charles Rock Road for great access to Parks, Public Transportation/Metro-link, Shopping, Schools, Hospital/Medical offices. HIGH DEMAND with lots of tenants available makes for zero vacancy and potential for increased rent. Built in 1957 & standing strong. Low Maintenance Brick and Stone Building side-by-side units. Great big true 1- Bed / 1- Bath units with excellent floor-plan, updated forced air furnaces, & in-unit laundry right off the kitchen. long term tenants, Currently rented below market at $450 and $433 per unit. $10,596/yr. in current gross rent =17% cap rate based on actual expenses. Taxes only $989 yr. Market rent is $595 mo. ***NOTE ***Seller will have new roof installed & gutter/facia repaired or offer credit to sales price. Occupied property - Please do not disturb or approach tenants.
Listing courtesy of MARIS / Realty Exchange
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Last updated Jul 4, 2023
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MLS# 14004760 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/22/13
Jul 22, 2013
|
MARIS | $28,250 |