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6947 Midwood Avenue

Hazelwood, MO 63042

38 beds
13 baths
– sqft
~2 acre lot
1954 build
– on site

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Rare opportunity to acquire portfolio of 12 single-family homes providing an excellent blend of stability, income, and future upside potential. Each home features a minimum of 3 bedrooms and 1 bathroom, with one home 5 bedrooms and 2 bathrooms. 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one. The current owners have invested approximately $180k into capital improvements and updates since 2022. A savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar. Significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. This presents a compelling value-add opportunity for investors looking to optimize returns. Seller will be reviewing offers October 8th at 12:00pm. Please include a response time of October 9th at 12:00pm. Duplicate 24062247

Listing courtesy of MARIS / Invest St. Louis

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# 24062040 —

The Building

Year Built:

1954
Architectural Style:

Traditional
Construction Materials:

Brk/Stn Veneer Frnt, Vinyl Siding
Levels:

One
Basement:

Full
Above Grade Finished Area:

11319
Above Grade Finished Area Source:

Public Records

Interior

Rooms Total:

62
Interior Features:

Carpets, Walk-in Closet(s), Some Wood Floors
Fireplace:

false

Financial & Terms

Price Per SqFt:

70.24

Location

Latitude:

38.766089
Longitude:

-90.326224

The Property

Parcel Number:

10J-42-0253
Property Type:

Residential
Property Subtype:

Residential
Lot Features:

Sidewalks
Lot Size Acres:

2.172
Lot Size Dimensions:

100x100
Lot Size SqFt:

94612
Lot Size Source:

County Records
Water Source:

Public
Waterfront:

false
Driveway:

Asphalt,Concrete

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

15397
Tax Legal Description:

FROSTWOOD PLAT 6 LOT 183

Beds

Bedrooms Total:

38
Main Level Bedrooms:

38

Baths

Total Baths:

13
Full Baths:

13
Main Level Baths:

13

The Listing

Disclosures:

Unknown, Othr-Call List Agent
Special Listing Conditions:

Other, None

Heating & Cooling

Cooling:

Gas
Heating:

Forced Air
Heating:

true

Utilities

Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher, Microwave, Range Hood, Gas Oven, Refrigerator

Schools

Elementary School:

Wedgwood Elem.
Middle Or Junior School:

Ferguson Middle
High School:

Mccluer High
High School District:

Ferguson-Florissant R-II

The Community

Subdivision Name:

Frostwood 6
Pool Private:

false

Parking

Garage:

true
Garage Spaces:

3
Attached Garage:

false
Parking Total:

12
Parking Features:

Covered, Off Street
Carport:

true
Carport Spaces:

2
Covered Spaces:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

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Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/14/24 Nov 14, 2024	Sold	MARIS	$795,000	-33.5%
10/17/24 Oct 17, 2024	Sold Subject To Contingencies	MARIS	$1,195,000
10/2/24 Oct 2, 2024	Listed / Active	MARIS	$1,195,000	1393.8% (590.1% / YR)

House Sold on 11/14/2024

$795,000

Listing provided by broker:

Jordan Schoen

Invest St. Louis

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Listing Courtesy of: MARIS and Invest St. Louis.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information from Third Parties, Deemed Reliable but Not Verified.

6947 Midwood Avenue

Hazelwood, MO 63042