Turn Key Building with Updated Systems – 24.3% Annual ROI

Asking $ 460,000
Magnolia Avenue, ,
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Overview

  • Updated On:
  • May 9, 2022
  • 4 Bedrooms
  • 4 Bathrooms
  • 3,996.00 ft2
  • Year Built: 1907
  • Beautiful Brick Four Family in the Southwest Garden Neighborhood next to the hill
  • NOI based on area rent projections – $995/unit.
  • Each unit has a large living room, bedroom, and eat-in kitchen.
  • Your tenants will love the short distance to Tower Grove Park, bars, and restaurants at The Hill.
  • 2022 FURNACES AND AC CONDENSERS, PVC sewer lateral (2022), ½ of TPO roof 2022, and much more!
  • SOLD AS-IS. Owner is a licensed Missouri realtor.
Address: Magnolia Avenue
City:
Area:
State/County:
Zip: 63139
Country: United States
Open In Google Maps
Property Id : 46539
Price: Asking $ 460,000
Property Size: 3,996.00 ft2
Property Lot Size: 4,792.00 ft2
Rooms: 10
Bedrooms: 4
Bathrooms: 4
House Number: 5313
Year Built: 1907
External Construction: Brick
Rent (mo): 3900
ROI (ann): 24.3
Cashflow (mo): 513
Property Taxes (mo): 300
Insurance (mo): 180
Repairs (mo): 200
Management Fee (mo): 287
Leasing Fee (ann): 119.5
HOA (mo): 300
Vacancy Rate (ann): 4
walkscore72 / Very Walkable more details here

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