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25 Nordell Court

Black Jack, MO 63033
  • $739,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: 22036533
Under Contract
UPDATED: 43 min ago
$739,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,708
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

12 unit apartment complex located in a quiet residential neighborhood in the Hazelwood School District with mostly single family homes. Built in 1960 with 12 Ranch style units with the ability to build out a 13th unit which is currently a shell. There are currently 11 one bedrooms and 1 efficiency. Sale includes two lots, 25 Nordell Ct, the main lot with the apartment complex which is .97 acres and there is also 20 Nordell Ct, a .47 acre buildable residential lot totalling almost 1.5 acres. Complex features laundry facility with coin operated laundry and storage units for tenants. 1 Bedroom rents for as much as $700 which provides an opportunity to raise rents. If fully rented with rents of $700 for the 1 beds, $600 for the efficiency and the potential future unit rented for $700 the building would generate $9,000 a month. Low maintenance building with a number of long term tenants. Easy to rent and has been at 97% occupancy. Plenty of off street parking.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-07-06T08:39:52.953.

Clarity Street Realty: 314-963-7300
www.claritystreetrealty.com/homes/129570518
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25 Nordell Court Black Jack, MO 63033

  • Price: $739,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • Updated: 43 min ago
  • ID#: 22036533
0
Beds
0
Baths
0
½ Baths
0.97
Acres
8,708
SQFT
$85
$/SQFT
1960
Built
Neighborhood:
Nordell Court
County:
St Louis
Area:
Hazelwood Central
Elementary School:
Jury Elem.
Middle School:
Central Middle
High School:
Hazelwood Central High
School District:
Hazelwood
Property Description
12 unit apartment complex located in a quiet residential neighborhood in the Hazelwood School District with mostly single family homes. Built in 1960 with 12 Ranch style units with the ability to build out a 13th unit which is currently a shell. There are currently 11 one bedrooms and 1 efficiency. Sale includes two lots, 25 Nordell Ct, the main lot with the apartment complex which is .97 acres and there is also 20 Nordell Ct, a .47 acre buildable residential lot totalling almost 1.5 acres. Complex features laundry facility with coin operated laundry and storage units for tenants. 1 Bedroom rents for as much as $700 which provides an opportunity to raise rents. If fully rented with rents of $700 for the 1 beds, $600 for the efficiency and the potential future unit rented for $700 the building would generate $9,000 a month. Low maintenance building with a number of long term tenants. Easy to rent and has been at 97% occupancy. Plenty of off street parking.
Exterior Features

Attached Garage YN No Construction Materials Brick Lot Size Dimensions 245X201x59x125x14x188 Lot Size Source County Records Parking Features Parking Lot

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heat Source Electric Heating Forced Air Heating YN Yes Laundry Features Coin OperatedCommon Laundry

Property Features

Association St. Louis Association Of Realtors Association Fee 0 Association Fee Frequency None Builder Model Low/1-2 Cable Available Yes Disclosures UnknownSellers Discl. Avail Inclusions Building & Land Lease Term Leases Location Suburban Net Operating Income 54546 Ownership Private Possession Close Of Escrow Property Condition None Property Sub Type Multi-Family 5+ Property Sub Type Additional Apt Bldg/Exterior En Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6089 Tax Year 2021 Tenant Pays ElectricityGas Transaction Type Sale Water Source Public

Listing provided courtesy of Invest St. Louis. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-07-06T08:39:52.953.

Clarity Street Realty: 314-963-7300
 
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Clarity Street Realty
1712 S. Big Bend Blvd
St. Louis MO, 63117