2932 Hallmark Lane, St Louis, MISSOURI 63125

$775,000
List Price
$775,000
Price Change
▼ $25,000 1627442061
Days on Market
35
MLS#
21040530
Status
ACTIVE
Lot Size
18,731
Acres
0.43
Year Built
1962
Subdivision
Hallmark Terrace 1
Municipality
Unincorporated
County
St Louis
Year Built
1962
Listing Type
Multifamily

Property Description

Best Buy in South County!!! Mini 8 unit apartment complex in a courtyard setting with new landscaping. The complex consists of 1 duplex and 2 tri-plexes buildings. Pristine condition. All units have large living/dining room, kitchen, two bedrooms and one bath. Each unit has a private basement for bonus family room, laundry area and storage. Many updates include new roofs, new windows and many new furnaces and central AC units. New private parking lot and restriped 2021. Great Investment operating at 7.06% cap rate at current rents. With market rents could be 9.38%. Won't last!!!

Additional Information

Gross Operating Income
69900
Total Expenses
$13,444
School District
Mehlville R-IX
Elementary School
Beasley Elem.
Jr. High School
Bernard Middle
Sr. High School
Mehlville High School
Parking Description
1 Space/Unit, Parking Lot
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Taxes Paid
2856
Selling Terms
Cash, Conventional
Buyers Agent Commission
2.25

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Advantage.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified