MLS# 22040749 - 335 Midridge Drive, St Louis, MO 63137
$295,000
Bed:
1
Bath:
1
Sqft:
700
Sqft lot:
19,558
Acre lot:
0.45
14 Days On Market
Listing courtesy of Berkshire Hathaway Select.
Status:
Active
Property Type:
Residential
Year Built:
1930
Neighborhood:
Riverview Gardens
Days On Website:
14
Property Details for 335 Midridge Drive, St Louis, MO 63137
Description
5 Property Portfolio - Estimated 7.81% Cap Rate Net $1,863/month! Turnkey portfolio of 5 single-family homes concentrated in north St. Louis County. This stable portfolio of properties has no vacancies and all tenants plan to stay and have been in properties for years. This package is priced at $295,000 which is an average of $59,000 per door. These homes are located in easy-to-rent areas. Tenants are responsible for utilities. The average rent per property per month is $605, $36,300 in gross annual rents, and $13,932 in expenses (Taxes, Insurance, Property management 6%, Repairs/Vacancy 5%) Bringing the annual net to $24,966. These properties are to be sold as a package. For complete details on this package, including a listing of addresses, rents, and property details, please view the pdf in the documents section.
Open House
Features
Bedrooms
- 1 Total Bedroom
- 1 bedroom on the main level
- 1 main/upper level bedroom
Basement
- Basement: "Full", "Walk-Out Access"
- Basement
Bathrooms
- 1 Full Bathroom
- 1 Total Bathroom
- 1 bathroom on the main level
- 1 main/upper level bathroom
- 1 main level full bathroom
House
- Above Grade Finished Area: 700 Sq.Ft.
- Above Grade Finished Area Source: Public Records
- Architectural Style: "Contemporary"
- Construction Materials: "Vinyl Siding"
- Levels: "One"
- Building Age: 92
- Style Description: Ranch
- 2 total rooms
- Year Built: 1930
Cooling
- Cooling: "Electric"
Disclosures
- Disclosures: "Unknown", "Code Compliance Reqd"
Fireplaces
- Features: "None"
- Location: None
Heating
- Heating: "Forced Air"
- Heating Included
- Heat Source: Gas
Listing
- Price per Sq.Ft.: $421
- Transaction Type: Sale
- Ownership Type: Private
Location
- Major Area: Riverview Gardens
- Parcel Number: 12E-63-1066
- Subdivision Name: Riverview Gardens
- Township: Riverview
Lot
- Features: "Backs to Trees/Woods", "Fencing"
- Lot Size Acres: 0.449
- Lot Size Dimensions: see tax records
- Lot Size Source: County Records
- Lot Size Square Feet: 19558 Sq.Ft.
Parking
- Features: "Off Street"
Possession
- Possession: "Close Of Escrow", "Negotiable", "Subject to Tenant Rights"
Property
- Property Sub Type: Residential
Schools
- Elementary School: Highland Elem.
- High School: Riverview Gardens Sr. High
- High School District: Riverview Gardens
- Middle Or Junior School: R. G. Central Middle
Sewer
- "Public Sewer"
Taxes
- Annual Tax Amount: 880
- Tax Year: 2021
Utilities
- Water Source: "Public"
Property Map
Map View
$295,000 - 335 Midridge Drive, St Louis, MO 63137
Street View
Directions
335 Midridge Drive
St Louis, MO 63137
Major Area: Riverview Gardens