7028 Dawson Place St Louis, MO 63136

1 Bed
602 Sqft
12,083 Sqft lot
0.28 Acre lot
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$30,000 Est. $110 / mo.*
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Status: Active
Property Type: Residential
Year Built: 1917
Neighborhood: Belle Mead Place Resub Acre Lt 13
Days on Website: 1

Listing courtesy of Terreri Team Realty LLC.

Description

Looking for reliable Sec 8 income? This home is part of a package that includes another single family home and one duplex for a total of four units. Three units are leased with Sec 8 tenants and one side of the duplex is vacant. Average rents are $1070/month. The package price is $221,500 which is an average of $55,375 per door. Estimated Pro Forma Cap Rate is 11.91%. The properties do have some deferred maintenance and have been priced accordingly. You can expect older systems and older roofs. 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 and a 45 minute window per property to complete inspections. Please see supplements for a brochure with details on all of the properties. The properties are being sold as is, with the seller to do no inspections or repairs. If you're a cash buyer, this could make a great starter investment package or easy addition to an existing portfolio.

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: 108
  • 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"

Location

$30,000 - 7028 Dawson Place, St Louis, MO 63136
7028 Dawson Place St Louis, MO 63136
Major Area: Jennings

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