1135 Baron Ave, Spanish Lake, MISSOURI 63138

$765,000
864
SqFt
List Price
$765,000
Days on Market
1
MLS#
21010844
Status
ACTIVE
Living Sq. Ft
864
Lot Size
5,227
Sq. Ft. Above
864
Acres
0.12
Subdivision
Larimore Hills
Municipality
Unincorporated
County
St Louis
Listing Type
Multifamily

Property Description

This offering is a package of 11 single family houses in Spanish Lake area. The package entails four 3 bedroom, 1 bathroom houses and seven 2 bedroom, 1 bathroom houses that have been renovated, leased and have been a cash cow to the owner. Annual gross income of $107,520 and net income of $74,261 after expenses, maintenance, property management fee etc. puts the opportunity very attractive at 10% cap rate. Other houses include 1135 Baron Ave, 1139 Laredo, 1148 June, 1201 Rhea, 1207 Maple, 9789 Dennis, 11136 Larimore, 11845 Benham, and 11925 Bridgevale. Please do not disturb tenants.

Additional Information

Gross Operating Income
108120
Total Expenses
$33,330
School District
Hazelwood
Elementary School
Larimore Elem.
Jr. High School
Southeast Middle
Sr. High School
Hazelwood East High
Construction
Aluminum Siding, Brick/Stone Msn Pred
Parking Description
Other, Parking Garage
Cooling
Central-Electric, Central-Gas, Window Unit(s)
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Electric, Gas
Price Per Sq. Ft
885.42
Taxes Paid
1171
Buyer's Agent Commission
2.7
Selling Terms
Cash, Conventional

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of NextDoor Realty LLC.

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