7028 Dawson Place St Louis, MO 63136

1 Bed
602 Sqft
12,083 Sqft lot
0.28 Acre lot
Status: Pending
Property Type: Residential
Year Built: 1917
Neighborhood: Belle Mead Place Resub Acre Lt 13
Days on Website: 13

Listing courtesy of Terreri Team Realty LLC.

Description

This home is part of a package of 5 single family homes and 1 duplex. Average rents are $1022/month. One unit in the duplex is vacant and the rest of the units are fully leased. Three units have Section 8 leases and three have market leases. This is a stable portfolio with one tenant renting for 2+ years, three tenants have rented for 5-6 years, and one tenant has rented for almost 22 years. There is one new tenant this year. The package price is $374,500 which is an average of $53,500 per door. Estimated Pro Forma Cap Rate is 11.32%. Access to the properties will be provided with an accepted contract. To minimize tenant disruption, the buyer will have one-time access to the properties so a walk-through, inspection, and/or appraisal will all need to be completed together. Please see supplements for a brochure with details on all of the properties.

Open House

Property Details and Features

  • Basement: "Unfinished"
  • Basement
  • 1 Total Bedroom
  • 1 bedroom on the main level
  • 1 main/upper level bedroom
  • Above Grade Finished Area: 602 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Levels: "One"
  • Living Area: 602 Sq. Ft.
  • Building Age: 107
  • Style Description: Bungalow / Cottage
  • 3 total rooms
  • Year Built: 1917
  • Cooling: "Electric"
  • Disclosures: "Unknown", "Flood Plain No", "Occupancy Perm Req", "Sellers Discl Not Av"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Gas
  • Price per Sq.Ft.: $50
  • Transaction Type: Sale
  • Ownership Type: Private
  • Major Area: Jennings
  • Parcel Number: 14G-23-2085
  • Subdivision Name: Belle Mead Place Resub Acre Lt 13
  • Township: Jennings
  • Lot Size Acres: 0.2774
  • Lot Size Dimensions: 76x160
  • Lot Size Square Feet: 12084 Sq.Ft.
  • Carport Spaces: 0
  • Features: "Other"
  • Possession: "Close Of Escrow", "Subject to Tenant Rights"
  • Property Sub Type: Residential
  • Elementary School: Fairview Elem.
  • High School: Jennings High
  • High School District: Jennings
  • Middle Or Junior School: Jennings Jr. High
  • "Public Sewer"
  • Annual Tax Amount: 647
  • Tax Year: 2023
  • Water Source: "Public"