7325 Park Drive
St Louis, MO 63133
- – beds
- – baths
- – sqft
- 6,316 sqft lot
- 1957 build
- – on site
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Back On Market Due To Buyer Credit Issues! PRICE REDUCTION! Solid Brick 2-Family Income Property For Sale. Fully Leased & Centrally located! Near I - 170 & St Charles Rock Road for great access to Parks, Public Transportation/Metro-link, Shopping, Schools, Hospital/Medical offices. HIGH DEMAND with lots of tenants available makes for zero vacancy and potential for increased rent. Built in 1957 & standing strong. Low Maintenance Brick and Stone Building side-by-side units. Great big true 1- Bed / 1- Bath units with excellent floor-plan, updated forced air furnaces, & in-unit laundry right off the kitchen. long term tenants, Currently rented below market at $450 and $433 per unit. $10,596/yr. in current gross rent =17% cap rate based on actual expenses. Taxes only $989 yr. Market rent is $595 mo. ***NOTE ***Seller will have new roof installed & gutter/facia repaired or offer credit to sales price. Occupied property - Please do not disturb or approach tenants.
Last checked:
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Last updated Jul 4, 2023
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MLS# 14004760 —
The Building
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Year Built:1957
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Development Status:Unknown
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Construction Materials:Brick
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Above Grade Finished Area:1333
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Above Grade Finished Area Source:Public Records
Financial & Terms
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Price Per SqFt:30.01
Location
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Directions:I-170 to St. Charles rock Rd, East to 74th st. to Park Dr. Property on the left.
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Latitude:38.686773
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Longitude:-90.308297
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Cross Street:74th
The Property
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Parcel Number:16J-64-0237
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Property Type:Residential Income
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Property Subtype:Multi-Family 2-4
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Property Condition:None
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Lot Size Acres:0.145
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Lot Size Dimensions:60'x105'
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Lot Size SqFt:6316
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Lot Size Source:County Records
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Water Source:Public
Listing Agent
- Contact info:
- Agent phone:
- 314
- Office phone:
- 314
Taxes
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Tax Year:2012
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Tax Annual Amount:989
The Listing
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Disclosures:Unknown,Flood Plain No,Sellers Discl. Avail
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Special Listing Conditions:None
Heating & Cooling
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Cooling:Wall/Window Unit(s)
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Some Range Oven(s),Some Shower Bath(s),Some Smoke Alarm(s),Some Storm Door(s),Some Window Treatment(s)
Schools
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Elementary School:Lucas Crossing Elem. Complex
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Middle Or Junior School:Normandy Middle
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High School:Normandy High
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High School District:Normandy
The Community
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Subdivision Name:St Charles Rock Road Terrace
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Association Fee Frequency:None
Parking
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Attached Garage:false
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Parking Features:On Street
Extra Units
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Unit 1 Full Baths:1
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Unit 1 Beds Total:1
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Unit 2 Full Baths:1
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Unit 2 Beds Total:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/22/13
Jul 22, 2013
|
MARIS | $28,250 |
