|1,911 Square Feet||1966 Year Built|
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.
|Elementary school: Kratz Elem.|
|Middle school: Hoech Middle|
|High school: Ritenour Sr. High|
|Forced air heat|
|Natural gas heat|
|Off street parking|
|Lot dimension is: 75'X82'|
|Subdivision: Geraldine Estates 2|
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.