5640 Sunbury AVE Pending Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63136
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 792 sqft
Price per Sqft $69
Subdivision Country Club Homesites
MLS Listing ID 24070072
Style Bungalow / Cottage
Bedrooms 2
Full Baths 1
Year Built 1940
Building Age 84
Lot Size 5,898 Sqft
Property Description
This home is part of a package of 5 single family homes and 1 duplex. Average rents are $1022/month. One unit in the duplex is vacant and the rest of the units are fully leased. Three units have Section 8 leases and three have market leases. This is a stable portfolio with one tenant renting for 2+ years, three tenants have rented for 5-6 years, and one tenant has rented for almost 22 years. There is one new tenant this year. The package price is $374,500 which is an average of $53,500 per door. Estimated Pro Forma Cap Rate is 11.32%. Access to the properties will be provided with an accepted contract. To minimize tenant disruption, the buyer will have one-time access to the properties so a walk-through, inspection, and/or appraisal will all need to be completed together. Please see supplements for a brochure with details on all of the properties.
Location
State MO
County St Louis
Area Jennings
Interior
Heating Forced Air
Cooling Electric
Exterior
Parking Features false
Building
Story 1
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodland / Hanrahan
Middle Schools Jennings Jr. High
High Schools Jennings High
School District Jennings
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition None