7249 Pasadena Boulevard Pasadena Hills, MO 63121

16,896 Sqft
23,522 Sqft lot
0.54 Acre lot
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$815,000 Est. $3,001 / mo.*
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Status: Active
Property Type: Multi-family 5+
Year Built: 1961
Days on Website: 78

Listing courtesy of Apartment Advisors of America.

Description

Welcome to this exceptional opportunity to own a 12-unit apartment building located in a prestigious and unique gated community known as Pasadena Hills. Situated in a location near highway access and University Missouri St. Louis, makes it an attractive option for students, faculty and staff. The property offers a range of desirable features that make it an attractive investment including a mix of one, two and three bedroom units with hardwood floors throughout, forced heat, central air, storage, laundry on-site and garage parking. The current rents are below market with rent potential of an additional $6,900 annually. Don't miss out on this chance to own a solid, well constructed apartment building in a gated community with park access.

Open House

Property Details and Features

  • Cable Available: 1
  • One Bedroom Unit Baths: 1 Per Unit
  • Two Bedroom Unit Baths: 1 Per Unit
  • Three Bedroom Unit Baths: 1 Per Unit
  • Above Grade Finished Area: 16896 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Brick Veneer", "Concrete"
  • Building Age: 63
  • Number Of Units Total: 12
  • Year Built: 1961
  • Cooling: "Ceiling Fan(s)", "Electric"
  • Disclosures: "Unknown", "Sellers Discl Not Av"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Gas
  • Net Operating Income: 65951
  • Misc.: Drapes/Blinds
  • Features: "Coin Operated", "Common Laundry"
  • Inclusions: Building & Land
  • Lease Term: Leases
  • One Bedroom Unit Includes: 5 Rooms
  • One Bedroom Unit Rent: 708
  • Two Bedroom Unit Includes: 6 Rooms
  • Two Bedroom Unit Rent: 862
  • Three Bedroom Unit Includes: 7 Rooms
  • Three Bedroom Unit Rent: 950
  • Price per Sq.Ft.: $48
  • Transaction Type: Sale
  • Ownership Type: Private
  • Location: Corner Location,Suburban
  • Major Area: Jennings
  • Parcel Number: 14h-22-0182
  • Subdivision Name: Pasadena Hills
  • Township: Pasadena Hills
  • Lot Size Acres: 0.54
  • Lot Size Dimensions: 0x0
  • Lot Size Source: County Records
  • Lot Size Square Feet: 23522 Sq.Ft.
  • Features: "Parking Garage", "Parking Lot"
  • Possession: "Close Of Escrow"
  • 8 one-bedroom units
  • 2 two-bedroom units
  • 2 three-bedroom units
  • Property Type: Apt Bldg/Interior En
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Lucas Crossing Elem. Complex
  • High School: Normandy High
  • High School District: Normandy
  • Middle Or Junior School: Lucas Crossing Middle
  • "Public Sewer"
  • Prop Asses City Tax: 0
  • Annual Tax Amount: 9541
  • Tax Legal Description: Pasadena Hills Section One lots 1 thru 4 Block 3
  • Tax Year: 2023
  • Tenant Pays: "Cable TV", "Electricity", "Gas"
  • Water Source: "Public"

Location

$815,000 - 7249 Pasadena Boulevard, Pasadena Hills, MO 63121
7249 Pasadena Boulevard Pasadena Hills, MO 63121
Location: Corner Location,Suburban

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