20,154 SqFt
20,154 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 20,154 sqft
Price per Sqft $94
Subdivision Elm Grove Lane 1
MLS Listing ID 26009021
Style Apartment Style,Traditional
Year Built 1959
Annual Tax Amount $16,857
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 5 Family or More
Property Description
Exceptional opportunity to own a stabilized 20-unit apartment building in the highly desirable Hazelwood School District. This well-performing property features a strong mix of 8 one-bedroom units and 12 two-bedroom units, offering both diversity and consistent tenant demand.
Units are spacious and updated, with many featuring remodeled kitchens some with granite countertops, updated baths, hardwood or vinyl plank flooring, and stainless steel appliances in select units, mostly updated HVAC systems, water heaters and sewer line replacement. Tenants enjoy the convenience of ample off-street parking, plus access to coin-operated and tenant-owned laundry facilities located in the basements of the buildings.
Positioned in a solid rental market with great access to highways, shopping, and major employment hubs, this property is ideal for investors looking for immediate cash flow with long-term growth potential. Tenants pay rent plus utility reimbursements monthly. Well-maintained & professionally managed.
Don't miss this chance to add a strong, income-producing asset to your portfolio in one of the most desirable rental markets. PLEASE do not disturb tenants.
Location
State MO
County St. Louis
Area 48 - Hazelwood West
Rooms
Basement Concrete, Storage Space, Unfinished
Interior
Interior Features Custom Cabinetry, Granite Counters, Lever Faucets, Storage
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Microwave, Electric Range, Refrigerator
Laundry In Basement, Common Area
Exterior
Exterior Feature Courtyard
Parking Features false
Fence None
Utilities Available Sewer Connected
View Y/N No
Roof Type Pitched/Sloped,Shingle
Private Pool false
Building
Lot Description Cleared, Level
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Mcnair Elem.
Middle Schools Northwest Middle
High Schools Hazelwood West High
School District Hazelwood
Others
Ownership Private
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Special Listing Condition Standard
Nearby Locations
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