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    1135 Baron Ave

    Spanish Lake, MO 63138
    • $749,900
    • STATUS: Active
    • ON SITE: 46 days
    • ID#: 21010844
    UPDATED: 36 min ago
    $749,900
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 864
      SQFT
    • $868
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This offering is a package of 11 single family houses in Spanish Lake area. The package entails four 3 bedroom, 1 bathroom houses and seven 2 bedroom, 1 bathroom houses that have been renovated, leased and have been a cash cow to the owner. Annual gross income of $107,520 and net income of $74,261 after expenses, maintenance, property management fee etc. puts the opportunity very attractive at 10% cap rate. Other houses include 1135 Baron Ave, 1139 Laredo, 1147 Laredo, 1128 Scott Ave, 1148 June, 1201 Rhea, 1207 Maple, 9789 Dennis, 11136 Larimore, 11845 Benham, and 11925 Bridgevale. Please do not disturb tenants.

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-11T10:48:52.487.

    Parson Realty Group: 314-614-9731
    www.parsonrealtygroup.com/homes/114457161
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    1135 Baron Ave Spanish Lake, MO 63138

    • Price: $749,900
    • Status: Active
    • Updated: 36 min ago
    • ID#: 21010844
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    864
    SQFT
    $868
    $/SQFT
    Neighborhood:
    Larimore Hills
    County:
    St Louis
    Area:
    North
    Elementary School:
    Larimore Elem.
    Middle School:
    Southeast Middle
    High School:
    Hazelwood East High
    School District:
    Hazelwood
    Property Description
    This offering is a package of 11 single family houses in Spanish Lake area. The package entails four 3 bedroom, 1 bathroom houses and seven 2 bedroom, 1 bathroom houses that have been renovated, leased and have been a cash cow to the owner. Annual gross income of $107,520 and net income of $74,261 after expenses, maintenance, property management fee etc. puts the opportunity very attractive at 10% cap rate. Other houses include 1135 Baron Ave, 1139 Laredo, 1147 Laredo, 1128 Scott Ave, 1148 June, 1201 Rhea, 1207 Maple, 9789 Dennis, 11136 Larimore, 11845 Benham, and 11925 Bridgevale. Please do not disturb tenants.
    Exterior Features

    Building Style Low/1-2 Construction Aluminum SidingBrick/Stone Msn Pred Location Suburban Lot Dimensions 103*51 Parking Description OtherParking Garage

    Interior Features

    Building Unit Info Smoke/Alarm Detector Cooling Central-ElectricCentral-GasWindow Unit(S) Heat Source ElectricGas Heating Forced Air Laundry Lndry Connect All Un Water Heater Gas

    Property Features

    Assoc Fee Paid None Association St. Louis Association of REALTORS BLDFIN InsuranceManagementMaintenance/Repairs Cable Available Yes Conditions Unknown Cross Street Address Larimore Rd Disclosures Occupancy Perm Req Gross Operating Income 108120.00 Lot Size Source County Records Net Income 74789.00 Ownership Private Possession At ClosingNegotiable Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Description RehabbedRenovated Special Listing Conditions None Square Footage Source County Records Tax Year 2020 Taxes Paid 1171 Tenancy Type Leases Tenant Pays ElectricGasTrash RemovalWater Total Expenses 33330.00 Transaction Type Sale Type Other Water Public Year Built Description Unknown

    Listing provided courtesy of Nextdoor Realty Llc. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-11T10:48:52.487.

    Parson Realty Group: 314-614-9731
     
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    Parson Realty Group
    856 Waterbury Falls Dr Suite 200
    O'Fallon MO, 63368