Property Showcase

1035 AvantSaint Louis, MO 63137

$8,200,000
Multi-Family
Status: Active
  • Sqft:
  • Lot:57x100
  • MLS#: 19070383
38.756992340087891-90.226020812988281
Courtesy Of Worth Clark Realty

Description:

Here is a very unique opportunity to own a package of 146 properties - the majority of them are single family homes clustered in North County. (This package also includes a daycare facility rented at $3500/mo.) Over $1,563,000 has been invested into these properties - not including their purchase price. Owner is willing to finance up to 45% of the portfolio with only 5% down which means you could buy with just $410,000 (plus closing costs). Additionally, for the first two years, only the interest payments will be due to give you a chance to maximize your cash flow. Most properties in this package have refinished hardwood floors or manufactured flooring in the living room and updated big ticket items within the last 10 years including the water heater, furnace, AC, electric, stack, windows and roof.The properties are managed by a property management company with the support of a private maintenance crew. For more details, please see the pdf in the the documents section.

Main Features:

Listing Status Active Year Built 1953
School District Gibson Elem. School District2 R. G. Central Middle
School District3 Riverview Gardens Sr. High School District Riverview Gardens
County Saint Louis Taxes $127,813.00
Tax Year 2018 Rental Price $0
Units 146 Subdivision Bissell Hills 4

Additional Features:

Cooling Ceiling Fan
Central-Gas
Wall Unit(s)
Disclosures Occupancy Perm Req
Sellers Discl Not Av
Unincorporated
Garage Type On Street Parking
Other
Heating Electric
Forced Air
Gas
Ownership Private
Possession At Closing
Rental Type Leases
Sale Includes Building & Land
Sale Terms Cash
Conventional
Owner May Finance
Sewer Public
Special Conditions Unknown
Special Listing Condition None
Tenant Pays All Utilities
Transaction Type Sale
Water Public
Waterheater Electric
Gas

Extra Features:

Annual Expenses 497941.00 Gross Income 1382400.00
Net Operating Income 884459.00 Possible Buyer Fees YN No
Property Type Multi-Family 5+ Tax ID 11E-43-0820
Total Acres 0.1380

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Mid America Regional Information Services (MARIS). Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.
Mid America Regional Information Services (MARIS) does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed.
Copyright© 2020 Mid America Regional Information Services (MARIS). All Rights Reserved.
Last Updated On: 2/26/2020 9:48:51 PM

1035 Avant, Saint Louis, MO 63137

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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Mid America Regional Information Services (MARIS). Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.
Mid America Regional Information Services (MARIS) does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed.
Copyright© 2020 Mid America Regional Information Services (MARIS). All Rights Reserved.
Last Updated On: 2/26/2020 9:48:51 PM

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