9
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$385,000
Est. payment /mo
Active
208 Lark AVE Unincorporated, MO 63125
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UPDATED:
11/25/2024 04:33 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Subdivision Telegraph Park
MLS Listing ID 24072098
Construction Status 62
Year Built 1962
Building Age 62
Lot Dimensions 48x117
Property Description
Looking for a great value add opportunity in South County? look no further!
These twin four-unit buildings (sold together with 212 Lark) offer economy of scale along with conventional or commercial financing.
Professionally managed with multiple system updates including plumbing, electric panels and HVAC.
High rent of $1050 with average rent of $831 provides $10,500 annual rental income upside and a 9.67% Cap Rate.
All units are 2bed/1bath 825 sq ft units.
Building includes off street parking on a quiet street and a plenty of trees in a park like setting.
These twin four-unit buildings (sold together with 212 Lark) offer economy of scale along with conventional or commercial financing.
Professionally managed with multiple system updates including plumbing, electric panels and HVAC.
High rent of $1050 with average rent of $831 provides $10,500 annual rental income upside and a 9.67% Cap Rate.
All units are 2bed/1bath 825 sq ft units.
Building includes off street parking on a quiet street and a plenty of trees in a park like setting.
Location
State MO
County St Louis
Area Hancock Place
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Dishwasher(s), Some Refrigerator(s), Some Range Oven(s), Some Storm Door(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 62
Schools
Elementary Schools Hancock Place Elem.
Middle Schools Hancock Place Middle
High Schools Hancock Sr. High
School District Hancock Place
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition None
Listed by Nicholas Smyrniotis • Apartment Advisors of America
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