Hazelwood, MO 63042,7401 Olian DR
Hazelwood, MO 63042,7401 Olian DR
Hazelwood, MO 63042,7401 Olian DR
30
$300,000
$317,000
5.4%
Est.Price: ?

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3,484 SqFt

7401 Olian DR Hazelwood, MO 63042

Est. payment /mo
SOLD DATE : 04/13/2023

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Key Details

Sold Price $300,000

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Square Footage 3,484 sqft

Price per Sqft $86

Subdivision Elm Grove Lane 1

MLS Listing ID 23011914

Sold Date 04/13/23

Construction Status 61

Year Built 1962

Building Age 61

Lot Size 10,206 Sqft

Acres 0.2343

Lot Dimensions 81x126

Property Description

This turnkey building is a breeze to rent! Each unit features a LR, DR, 2-beds, 1-bath. Three units have been updated, including kitchens, bathrooms, appliances, cabinets, new & resurfaced floors, some furnaces. Flooring is hardwood, wood laminate, some carpet, tile in the bathrooms/kitchens. Partially updated stacks, some newer water heaters, some newer furnaces. Storage units, laundry hookups, and two reserved parking spots per unit. Electric panels are Federal Pacific. Tenants pay electric and gas. Owner pays sewer, water, trash, lawn/snow, and maintenance. With current income/expenses, this is a 7.11% cap rate at asking price. Manage yourself or factor in a management fee for convenience. Rentometer indicates plenty of room to grow rents. It appears taxes are higher than some neighbors; it may be worth appealing the taxes to improve overall financial performance. Fully occupied. Also available with two other 4-families as a package under MLS#23011906.

Location

State MO

County St Louis

Area Hazelwood West

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)

Exterior

Parking Type More Than 1 Spc/Unit, Off Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 61

Schools

Elementary Schools Mcnair Elem.

Middle Schools Northwest Middle

High Schools Hazelwood West High

School District Hazelwood

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Exchange

Listing Terms Cash Only, Conventional, Exchange

Special Listing Condition None

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Listed by Tammy Derrigan • Radius Realty
Bought with Dustin Walsh

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Saddle Sisters Real Estate

Agent | License ID: 2023019053

+1(314) 526-6028

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