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1760 Elkins DR Dellwood, MO 63136
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Key Details
Sold Price $968,500
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 17,647 sqft
Price per Sqft $54
Subdivision Northland Hills
MLS Listing ID 23073847
Sold Date 06/13/24
Lot Size 2.800 Acres
Acres 2.8
Lot Dimensions 65x105x60x105
Property Description
Portfolio of 21 homes located in north St. Louis county with a mix of 3, 2 and 1 beds. Potential to increase rents significantly both as-is and with additional updates. Average rent for the homes is $899 a month based on similarly sized rental homes with the same bedroom and bathroom count in the same zip codes. 1760 Elkins has a comparable of $145,000. Potential to update homes and sell them to owner-occupants in the future. There are numerous similarly sized updated homes selling for over $100,000 nearby. Management company in place that has been managing properties for 19 years located near the homes, management services can remain in place if desired. Most homes are located in very close proximity providing ease with maintenance, leasing. Seller recently completed several capital expenditure items, and completed numerous turnovers. Sold as-is. Showings will be available with an accepted contract. Additional 21 home portfolio is available nearby. Please inquire for additional info
Location
State MO
County St Louis
Area North
Interior
Heating Forced Air
Cooling Wall Unit(s), Electric, Gas, Window Unit(s)
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Brk/Stn Veneer Frnt,Frame,Vinyl Siding
Schools
Elementary Schools Keeven Elem.
Middle Schools East Middle
High Schools Hazelwood East High
School District Hazelwood
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Private, Other
Listing Terms Cash Only, Conventional, Private, Other
Special Listing Condition Other, None
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Bought with Jordan Schoen