7737 Delmar, St Louis, MISSOURI 63130

$425,000
3,242
SqFt
List Price
$425,000
Days on Market
19
MLS#
20007380
Status
PENDING
Living Sq. Ft
3,242
Lot Size
6,752
Sq. Ft. Above
3,242
Acres
0.155
Year Built
1939
Age
81
Subdivision
New Delmar Heights
Municipality
University City
County
St Louis
Listing Type
Multifamily

Property Description

This is an exceptionally well rehabbed duplex on the edge of University City and Clayton being offered at a 7% CAP Rate. Consistently rented within days of listing, this investment property is being offered fully leased with tenants in place. Tenants enjoy walking to Starbucks and Tutti-Fruitti Fro-Yo. Both kitchens and baths have been fully renovated and the HVAC, windows, plumbing, and electrical systems have all been recently upgraded. Newly finished hardwood floors throughout give this home U-City Charm. The basement has a storage room for each tenant and shared washer and dryer (second hookups available if tenant prefers to have own units). No need for street parking with detached 2-car garage.

Additional Information

Gross Operating Income
37440
Total Expenses
$8,267
School District
University City
Elementary School
Barbara Jordan Elem.
Jr. High School
Brittany Woods
Sr. High School
University City Sr. High
Construction
Brick/Stone Msn Pred
Parking Description
1-2 Car Detached Grg
Operating Expenses
Lawn Care, Snow Removal
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
131.09
Taxes Paid
4678
Buyer's Agent Commission
2.5
Selling Terms
Cash, Conventional, Exchange, Private

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Confluence Realty Advisors, LLC.

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