Welcome to Kugli.com!
New to Kugli.com?
* Create Member Account!
Already a Member?
* North Delhi
* Gautam Buddha Nagar
* United States
* New York
* Los Angeles
* New York City
* Kuwait City
* Al Ahmadi
* Abu Halifa
Eight Bedroom House (ref. 41390987)
Date & Time Listed: 2020-11-19 11:07:24 (GMT)
This fantastic brick built 8 apartment multi family home bedroom is located in Walnut Park East, St Louis and is just two minutes and walking distance from Northwest High School. The property is split into eight, one bedroom apartments. Four of the apartments are rented at $450 each month and one apartment is rented for $500 each month. The vacant 3 apartments are rental ready and the management company will place brand new tenants when the new owner closes on the property paying $450 – $500 each month. The building has dedicated parking spots at the side of the building. The basement has coin operated laundry for tenants and storage lockers and the building has also passed all city inspections.
This property is located in Walnut Park East, St Louis which is only 7.2 miles from the centre of Downtown Saint Louis. This property is also close to Northwest High School, there are many great schools in this area.
Purchase price: 249,900
Gross annual rental income: $45,900
Property running costs: $9,455
(Tax, insurance and management costs)
Net annual rental income: $36,145
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 15%
Break even in 6.6 Years
This property is a Townhouse for sale.
Number of Bedrooms: 8
Number of Bathrooms: 8
Price: 249,900.00 USD
More Ads Posted by Member
Contact Ad Poster by E-Mail
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.
* Saint Louis - Real Estate Classified Ads
* Missouri, United States - Real Estate Classified Ads
* United States - Real Estate Classified Ads
* Saint Louis - Houses for Sale Classified Ads
* Missouri, United States - Houses for Sale Classified Ads
* United States - Houses for Sale Classified Ads