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388 Park West DR St Peters, MO 63376
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Key Details
Sold Price $336,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 4,116 sqft
Price per Sqft $81
Subdivision Park West #2
MLS Listing ID 18066872
Sold Date 12/31/18
Construction Status 35
Year Built 1983
Building Age 35
Lot Size 0.300 Acres
Acres 0.3
Property Description
Fantastic opportunity to own a high cash flowing 4 family in St Peters! This complex is an investors dream, all units have 2 bedrooms 1.5 baths and basements. Decks provide tenants with the extra privacy they desire. Tenant pays all utlities but trash. Property is currently renting below market and could withstand a rent increase with little resistance! Current NI is nearly 30k a year an astounding 9% cap rate before rent increases! Buy today and cash flow for a lifetime.
Location
State MO
County St Charles
Area Fort Zumwalt East
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Door(s), Some Storm Window(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Construction Status 35
Schools
Elementary Schools St. Peters/Lewis & Clark
Middle Schools Dubray Middle
High Schools Ft. Zumwalt East High
School District Ft. Zumwalt R-Ii
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Private, VA
Listing Terms Cash Only, Conventional, Private, VA
Special Listing Condition None
Read Less
Bought with Michelle Hellyer
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