$765,000

1135 Baron Ave

Spanish Lake MO, 63138

Description

This offering is a package of 11 single family houses in Spanish Lake area. The package entails four 3 bedroom, 1 bathroom houses and seven 2 bedroom, 1 bathroom houses that have been renovated, leased and have been a cash cow to the owner. Annual gross income of $107,520 and net income of $74,261 after expenses, maintenance, property management fee etc. puts the opportunity very attractive at 10% cap rate. Other houses include 1135 Baron Ave, 1139 Laredo, 1148 June, 1201 Rhea, 1207 Maple, 9789 Dennis, 11136 Larimore, 11845 Benham, and 11925 Bridgevale. Please do not disturb tenants.

Details

MLS#21010844
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year0
Days On Site8

Features

SQ Feet864
Building(s)1

Market Activity 63138

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Area Information
StateMO
CountySt Louis
CitySpanish Lake
Zip Code63138
AreaNorth
Listing VS Median (in 63138)
Price:
$765,000
low | high
Med:
$765,000
50% of Average
SqFt:
864
low | high
Med:
864
50% of Average
$ / SqFt:
$885
low | high
Med:
$885
50% of Average
On Site:
8
low | high
Med:
7
100% of Average
Sourced by Back At You
Listing Updated: March 2, 2021 8:03:31 PM PST
AJ AngaJala LogoMLS Number: 21010844
Listing Provided By:
AJ AngaJala  of  NextDoor Realty LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the St. Louis Association of REALTORS.