7403 Olian, Hazelwood, MISSOURI 63042

$1,050,000
10,488
SqFt
List Price
$1,050,000
Days on Market
47
MLS#
21040460
Status
ACTIVE
Living Sq. Ft
10,488
Lot Size
12,589
Sq. Ft. Above
10,488
Acres
0.289
Year Built
1958
Subdivision
Elm Grove Lane 1
Municipality
Hazelwood
County
St Louis
Year Built
1958
Listing Type
Multifamily

Property Description

7403 and 7401 Olian and 7408 Burcke are turnkey and a breeze to rent! All 12 units have 2-beds/1-bath with open floor plan. Renovations include kitchens, bathrooms, appliances, cabinets, new furnaces, and new windows. Flooring is refinished hardwood or wood laminate (with some carpet), and tile in the bathrooms/kitchens. The buildings have newer roofs and condenser units, with updated electric panels. Storage, laundry hookups, and two reserved off-street parking spots per unit make for happy residents. Tenants pay electric/gas. Owner pays sewer, water, trash, lawn, & maintenance. Existing rents are 600-750 with an average of 711.66, and Rentometer indicates plenty of room to grow. Located in Hazelwood near City Hall in a quiet area with families and hardworking professionals. Nearby employers include Boeing, Monsanto, Lambert International Airport, Mallinckrodt, and bioMerieux. 7403 Olian: 3484 sf, built 1958. 7401 Olian: 3484 sf, built 1962. 7408 Burcke: 3520 sf, built 1962.

Additional Information

Gross Operating Income
102480
Total Expenses
$28,795
School District
Hazelwood
Elementary School
Mcnair Elem.
Jr. High School
Northwest Middle
Sr. High School
Hazelwood West High
Construction
Brick/Stone Msn Pred
Parking Description
2+ Space/Unit, Parking Lot, Unassigned
Cooling
Ceiling Fan, Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
100.11
Taxes Paid
11038
Selling Terms
Cash, Conventional, Exchange, Private
Transaction Agent Commission
1
Buyers Agent Commission
2.7

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Listing courtesy of Keller Williams Realty Chesterfield.

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