Address
7124 Vermont Avenue, St Louis, MO
Price
$ 99,900
Property Attributes
  • MLS#23048036
  • TypeMulti-Family
  • CountyST LOUIS CITY
  • CitySt Louis
  • AreaSouth City
  • NeighborhoodHelgenbergs Add
  • Zip63111
  • Style
  • Year Built1890
  • Taxes$ 679
  • Price$ 99,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1504
  • Lot Size5,780 SqFt
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

Cash flow NOW on this value add property! Both units are occupied with easy-going long term tenants who would be happy to stay! The Seller has left these amazing tenants in place while upgrading the exterior. The building features a brand new roof, new tuck-pointing, and new siding in the rear. This is a unique property as each unit has their own private back yard. Both are shotgun style with a walk through bedroom and one apartment has a private bedroom in back. Systems are older, with the exception of a new water heater. Both units have forced heat and one side has central air. While one unit is outdated, the other unit has been occupied by the same tenant for 45 years and is in need of work. You can purchase the property and renovate the interiors for significantly higher rent or leave these tenants in place and cash-flow. This building is on a tree lined street in the wonderful Carondelet neighborhood. Property to be sold as-is. Showings only with an accepted contract.

Elementary School Middle School High School
Woerner Elem. Lyon-Blow Middle Roosevelt High
Price History
8/15/2023 Listed $109,900
9/18/2023 10% - $99,900

General Features

Appliances Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Window Treatment(s)
Attached Garage No
City St Louis
Construction Materials Brick
Cooling Wall/Window Unit(s), Electric
County St Louis City
Days on Market 42
Directions GPS friendly
Disclosures Unknown, City, Flood Plain No, Occupancy Perm Req, Sellers Discl Not Av
Driveway None
Elementary School Woerner Elem.
Heating Forced Air
High School Roosevelt High
High School District St. Louis City
Lot Size Square Feet 5780
MLS Area South City
Middle/Junior High School Lyon-Blow Middle
Neighborhood Carondelet
Net Operating Income 11520.87
Ok to Lease Month To Month
Ownership Type Private
Possession Close Of Escrow
Property SubType Multi-Family 2-4
Property Type Residential Income
Sewer Public Sewer
Standard Status Active
Street Name Vermont
Subdivision Name Helgenbergs Add
Tax Annual Amount 679
Tax Year 2022
Tenant Pays Cable TV, Electricity, Gas
Township St. Louis City
Year Built 1890

Interior Features

Above Grade Finished Area 1504
Above Grade Finished Area Source Public Records
Heating Y/N Yes
Street Suffix Avenue

Exterior Features

Showinginstructions Do Not Disturb Ten's, Occupied, Show With Contract
Lot Dimensions 50x114
Lot Size Acres 0.1327
Lot Size Source County Records
Parking Features On Street
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 63111

Price
AVG $180K
$100K
Taxes
AVG $1,366
$679
Visits
AVG 70
60
Year Built
AVG 1911
1890
Walkscore
AVG 70
73
Data Provided by Walkscore ® not using MLS data

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