$280,000 - 2614 Osage St,, St. Louis, MO 63118
2614 Osage St,
St. Louis,
MO
63118
2614 Osage St, St. Louis, MO 63118
1
Beds
1
Baths
0
Sqft
$280,000
Description
Status: Sold
This is a package of three duplexes for a total of 6 units and is offered at $280,000. Improvements to the properties include a brand new TPO roof in 2017, new plumbing and electric in 2015, and updated baths and kitchens in 2015.
All leases are one year:
- 1st Unit: Leased from April 2021 Rent is $600 a month.
- 2nd Unit: Leased from May 1 2021 to April 2022. St. Patrick Center pays $600/month rent.
- 3rd Unit: Leased from March 2021 to March 2022. St. Patrick Center pays $275/month. Total rent is $550/month.
- 4th Unit: Leased from March 2021 to March 2022. Rent is $550/month.
- 5th Unit: Leased from February 2021 to February 2022. Rent is $600/month.
- 6th Unit: Tenants leased expired 7/31/21 and owner did not renew. Has multiple people interested in renting.
Each unit is one bedroom, one bathroom. Each duplex is 1617 square feet per county records.
| Offered at | $280,000 |
| Annual Gross Rent | $42,000 |
| Grass | -$320 |
| Water | -$1,600 |
| Sewer | -$2,100 |
| Taxes | -$1,100 |
| Insurance | -$1,800 |
| Prop Maintenance (10%) | -$4,200 |
| Prop Management (8%) | -$3,360 |
| Vacancy (5%) | -$2,100 |
| Net Estimated Income | $25,420 |
| Cap Rate | 9.1% |
Property to be sold as is with seller to do no municipal inspections or repairs. Showings with an accepted contract. Tenants are unaware of the sale. Do not disturb tenants or walk the property.
For more information, please call:
Malinda Terreri, Realtor
The Terreri Team
Cell: (314) 488-0494 | Office: (800) 991-6092
Powered by Worth Clark Realty
Property Details and Features
Listing
- List Price: $280,000
- Yearly Property Tax: $1,100
- Home Owner Association Fee: $0
Bedrooms
- 1 bedrooms
Bathrooms
- 1 full bathrooms
- 0 half bathrooms
House
- 0 Square Feet
- Built in 1905
- 0 story
Parking
- 0 total parking spaces
Location
- Street: 2614 Osage St,
- City: St. Louis
- State: MO
- Zip Code: 63118
- Latitude: 38.582537
- Longitude: -90.22858