7401 Rupert Avenue

    St Louis, MO 63117
    • $315,000
    • STATUS: Active Under Contract
    • ON SITE: 27 days
    • ID#: 18095044
    Under Contract
    $315,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,542
      SQFT
    • $124
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    You don't want to miss out on this income producing duplex in Richmond Heights. The building is located on a beautiful street on a corner lot, with a patio for entertaining, decks off of each unit, and a detached 2 car garage. Each unit is 1200+ sq ft, 2br/1b with wood flooring, updated bathrooms, and some new windows and new paint in the 2nd floor unit. Close to grocers, dining, and entertainment. Perfect for an owner occupant or an investor, it has solid tenants already in place (1 m2m, 1 lease). Potential to increase rents with no work, or even more with targeted cosmetic upgrades. Maintenance/repair costs elevated in 2018 due to painting, plaster repair, and some new windows. Self-managed in a typical year at current rent rates net income approaches $17,000. With minimal work you can have this building firing on all cylinders!

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-16T23:48:59.207.

    Keller Williams Realty West: 636-229-8583
    www.searchallstlouishomes.com/homes/90189194

    7401 Rupert Avenue St Louis, MO 63117

    • Price: $315,000
    • Status: Active Under Contract
    • ID#: 18095044
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,542
    SQFT
    $124
    $/SQFT
    1927
    Built
    Neighborhood:
    Pennsylvania Park 2
    County:
    St Louis
    Area:
    Maplewood-Rchmnd Hts
    Elementary School:
    Mrh Elementary
    Middle School:
    Mrh Middle
    High School:
    Maplewood-Richmond Hgts. High
    School District:
    Maplewood-Richmond Heights
    Property Description
    You don't want to miss out on this income producing duplex in Richmond Heights. The building is located on a beautiful street on a corner lot, with a patio for entertaining, decks off of each unit, and a detached 2 car garage. Each unit is 1200+ sq ft, 2br/1b with wood flooring, updated bathrooms, and some new windows and new paint in the 2nd floor unit. Close to grocers, dining, and entertainment. Perfect for an owner occupant or an investor, it has solid tenants already in place (1 m2m, 1 lease). Potential to increase rents with no work, or even more with targeted cosmetic upgrades. Maintenance/repair costs elevated in 2018 due to painting, plaster repair, and some new windows. Self-managed in a typical year at current rent rates net income approaches $17,000. With minimal work you can have this building firing on all cylinders!
    Exterior Features

    Building Desc Duplex Construction Brick/Stone Msn Pred Lot Dimensions 33X53x79x49x130 Parking Description 1-2 Car Detached Grg

    Interior Features

    Appliances Some Some Dishwasher(S)Some Insultd WindowsSome Microwave(S)Some Refrigerator(S)Some Range Oven(S)Some Storm DoorsSome Storm WindowsSome Washer/Dryer(S) Cooling 3 Plus Window/WallCentral-Electric Heat Source Gas Heating Radiator(S) Miscellaneous BasementDeckPatioStorage Room Avail Water Heater Gas

    Property Features

    Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Disclosures Leases AvaliableSellers Discl. Avail Fixed Expenses InsuranceSewerTaxesTrash Removal Gross Operating Income 23100.00 Lot Size Source County Records Net Income 13675.00 Occupant Type Tenant Operating Expenses Lawn CareMaintenanceManagement Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2017 Taxes Paid 3975 Tenancy Type LeasesMonth To Month Tenant Pays Cable Tv/SatelliteElectricGas Total Expenses 9425.00 Transaction Type Sale Type Of Units 2-Family Water Public

    Listing provided courtesy of Berkshire Hathaway Alliance. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-16T23:48:59.207.

    Keller Williams Realty West: 636-229-8583
     
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