9234 Sundown DR Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63136
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 8,448 sqft
Price per Sqft $35
Subdivision Ranchdale 5
MLS Listing ID 24064999
Year Built 1960
Building Age 64
Lot Size 10,454 Sqft
Property Description
Here?s your chance to own an amazing income generating 7-unit building in St. Louis County! With over $3,900/month of immediate income and zero vacancy, you can gain instant cash flow off the bat. There are some recent updates and you can enjoy peace of mind with most leases ending in summer 2025! Earn over 10% ROI & 3X the debt service + OE with low maintenance units! There are six one-bedroom units that feature four rooms. Rents for the one-bedroom units are $500/month & $525/month, respectively. There are no shotgun units in this building! There is also one 2-bedroom unit leased at $850/month. All units feature forced/central heat and 2 units include central air. The basement is large and includes 7 w/d hookups, 7 storage units, and ample space. There are two two-car tuck under garages, plus there is additional covered parking in the rear. This property is truly a gem. Located just minutes away from major thoroughfares, amenities and shops.
Location
State MO
County St Louis
Area Jennings
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Electric
Laundry Lndry Connect Sm Un
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Schools
Elementary Schools Northview / Gary Gore
Middle Schools Jennings Jr. High
High Schools Jennings High
School District Jennings
Others
Acceptable Financing Cash Only,Conventional,Specl Fincg Call Agt
Listing Terms Cash Only,Conventional,Specl Fincg Call Agt
Special Listing Condition None