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$54,950
2 Beds
1 Bath1 full bath
--sqft
5640 Sunbury Ave, St. Louis, MO 63136
$54,950
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Single Family Residence
Built in 1940
$-- HOA
5,898 sqft lot
--/sqft
Description
This home is part of a package of 5 single family homes and 1 duplex. Average rents are $1022/month. One unit in the duplex is vacant and the rest of the units are fully leased. Three units have Section 8 leases and three have market leases. This is a stable portfolio with one tenant renting for 2+ years, three tenants have rented for 5-6 years, and one tenant has rented for almost 22 years. There is one new tenant this year. The package price is $374,500 which is an average of $53,500 per door. Estimated Pro Forma Cap Rate is 11.32%. Access to the properties will be provided with an accepted contract. To minimize tenant disruption, the buyer will have one-time access to ...
Continue Reading- Houzeo last checked: 2 Minutes ago
- Listing updated: December 13, 2024 at 8:33 pm
- Listing Provided by: Malinda Terreri | Terreri Team Realty LLC (488) 049-4
- Source: MARIS MLS-MO | MLS#: 24070072
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
5,898 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
24070072
Days on Market
392
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