303 Harrison, St Louis, MO 63135

$492,000
List Price
$492,000
Days on Market
2
MLS#
19019383
Status
PENDING
Lot Size
8,059
Acres
0.185
Year Built
1900
Age
119
Subdivision
Tiffin
Municipality
Ferguson
County
St Louis
Listing Type
Multifamily

Property Description

Attention Investors! This is a package of 11 single family homes that is priced at $492,000 and is generating over $109,000 in annual gross rent. Ten of the properties are currently rented, with the eleventh property's lease ending this month. Average monthly rent is $829. When fully leased, the estimated CAP rate is 14% with a 56% Cash on Cash return (after taxes, sewer, insurance, reserves, and property management). Rent roll information available. Turnkey property management available for an additional fee.

Additional Information

Gross Operating Income
109476
Total Expenses
$68,856
School District
Ferguson-Florissant R-II
Elementary School
Griffith Elem.
Jr. High School
Cross Keys Middle
Sr. High School
Mccluer North High
Parking Description
Other
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Taxes Paid
12515
Selling Terms
Cash, Conventional

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Chesterfield.

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