$300,000

814 Nathan St 808-814

St Charles MO, 63301

Description

This 4 family investment has 2- three (3) bed room units and 2- two (2) bedroom units all with one bathroom & fenced yards! 100% Leased! The three (3) Bedroom units average $720/month and the two (2) bedroom units average $643/mo. Gross Operating Income includes late fees. One two bedroom and one three bedroom are on a month to month Lease the other two are under a one year Lease agreements. Great location with quick/easy access to I-70, groceries, restaurants, hospital, urgent care, employment and more! This investment yields approximately an 8.0% cap rate with existing rents with low to no vacancy. Ideal 1031 investment. A new shingle roof was installed 5 or so years ago. HVAC, water heaters all are in working order! Tenants pay their own utilities, grass cutting, snow removal, cable/internet & telephone. Call for more information on this multi-family investment opportunity! Property will be shown only after a sale contract has been accepted(with a property tour contingency).

Details

MLS#19045687
Sub-TypeResale
StatusActive
Year1950
Days On Site114

Features

SQ Feet3,450
Building(s)1

Market Activity 63301

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Area Information

StateMO
CountySt Charles
CitySt Charles
Zip Code63301
AreaSt. Charles
Listing VS Median (in 63301)
Price:
$300,000
low | high
Med:
$267,900
60.7% of Average
SqFt:
3,450
low | high
Med:
2,113
88.753623188406% of Average
$ / SqFt:
$87
low | high
Med:
$127
4.19545669664% of Average
On Site:
114
low | high
Med:
262.5
43.428571428571% of Average
Listing Updated: 10/13/2019
MLS Number: 19045687
Listing Provided By:
Scott Sacco  of  Keller Williams Realty West