10367 Coburg Lands, St Louis, MO 63137
- $8,400,000
- List Price
- $8,400,000
- Days on Market
- 48
- MLS#
- MAR22021332
- Status
- ACTIVE
- Lot Size
- 8,668
- Acres
- 0.199
- Subdivision
- Bissell Hills 4
- Municipality
- Bellefontaine Neighbors
- School District
- Riverview Gardens
- County
- St Louis
- Year Built
- 1952
- Listing Type
- Commercial
Property Description
Love the high investment returns of St. Louis County rental properties but tired of the lack of inventory? Here is an easy solution: a ready-made, turnkey portfolio of 112 single family homes concentrated in north St. Louis County. This package is priced at $8,400,000 which is an average of $75,000 per door. These homes are located in easy to rent areas including 34 homes in Bellefontaine Neighbors, 27 homes in Ferguson, 15 homes in Hanley Hills, plus more. This stable portfolio of properties has only 3 current vacancies and will be cash-flowing from day one. Tenants are responsible for utilities. The monthly sewer bill is charged back to tenants. Average rent per property per month is $847 which is $1,138,560 in gross annual rents. These properties to be sold as a package. For complete details on this package, including a listing of addresses, rents and property details, please view the pdf in the documents section.
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Additional Information
- Elementary School
- Gibson Elem.
- Jr. High School
- R. G. Central Middle
- Sr. High School
- Riverview Gardens Sr. High
- Parking Description
- Accessible Parking
- Lot Dimensions
- 66x102
- Cooling
- Electric
- Sewer
- Public Sewer
- Heating
- Forced Air
- Water
- Public
- Heat Source
- Gas
- Taxes Paid
- 1349
- Selling Terms
- Cash Only, Conventional
- Buyers Agent Commission
- 2
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Listing courtesy of Worth Clark Realty.
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
