$103,000
SoldThis listing was sold on Apr 19, 2016 for the price shown here.
1,911 Sq Ft 1966 Year Built
Multi-Family Home
MLS # 14068263
Acres .14
Annual Taxes $2,548.00
School District Ritenour
Subdivision Geraldine Estates 2

Turn-key Investment Property. Both units leased and occupied by great tenants. Central location in St. Ann, near Hotels and airport shuttle /parking. 15 minutes from Downtown or St. Charles. Pilots, Airline & Express Scripts employees love to rent here. Brick 2-Family / side-by-side Ranch style Duplex with BIG ATTACHED CARPORTS and double driveways! 2 Units - Each having 950 sq ft per unit + 950 sq ft walk-out basements. Each Unit has 2 bedrooms upstairs & room for 3rd bedroom in walk out basement and 1 (+½ on 4079) baths and own private basement. Lots of Off-street parking available for tenants and guests. Newer roof and central Air-conditioning. Tenants pay utilities except sewer. Currently rented low for $700 and one at $600 per month w/meticulous 14 year tenancy = $15,600 per year gross rent collection nets you around $11,600/year! Could rent for $800+ Offered at 10.25% cap rate. Maximizing rent yields approximately 15%!! Fantastic opportunity for an investor or Owner-occupant.

Features
Elementary school: Kratz Elem.
Middle school: Hoech Middle
High school: Ritenour Sr. High
Central air
Forced air heat
Natural gas heat
Off street parking
Lot dimension is: 75'X82'
Subdivision: Geraldine Estates 2
Public sewer
Public water

Wright Ave, to Livingston, to left on Geraldine to right on Esseldale. Property on the left side of street. The only Duplex there with carports.

IDXCourtesy of: Realty Exchange Sara Blandino

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