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$699,000
-- Bed
-- Bath
--sqft
8954 Natural Bridge Rd, St. Louis, MO 63121
$699,000
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Multi Family
Built in 1949
$-- HOA
7,802 sqft lot
--/sqft
Description
8950 Natural Bridge (duplex), 8954 Natural Bridge (3 units) and 8958 Natural Bridge (6 units + storage unit) are being sold together. Currently this property brings in $7,580/month. $840/month is the Section 8 Fair Market rent for studios and 1beds in this zip code. If all rents were brought to the Fair Market rent for the area, this property would be bringing in $9,500/month. The taxes for all 3 buildings is a total of $12,136. The seller's annual insurance premium is $8,400. The utilities average around $1500/month which comes out to $18,000 annually. If you bring all units to Market Rate rent and account for 5% vacancy, the Proforma NOI is $69,794 which would be a 9.97...
Continue Reading- Houzeo last checked: 32 Minutes ago
- Listing updated: February 11, 2025 at 8:45 pm
- Listing Provided by: Anthony M Klier (314) 517-1925 | The Agency (677) 147-7
- Source: MARIS MLS-MO | MLS#: 25005497
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
- sqft
Lot Size
7,802 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
25005497
Days on Market
507
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