St Louis, MO 63136,5469 Hodiamont AVE
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$ 46,330
Est. payment /mo
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Pending

5469 Hodiamont AVE St Louis, MO 63136

3 Beds

1 Bath

1,215 SqFt


UPDATED:

12/13/2024 08:34 PM

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Pending

Purchase Type For Sale

Square Footage 1,215 sqft

Price per Sqft $38

Subdivision West Walnut Manor

MLS Listing ID 24070063

Style Bungalow / Cottage

Bedrooms 3

Full Baths 1

Construction Status 75

Year Built 1949

Building Age 75

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 71x129

Property Description

This home is part of a package of 5 single family homes and 1 duplex. Average rents are $1022/month. One unit in the duplex is vacant and the rest of the units are fully leased. Three units have Section 8 leases and three have market leases. This is a stable portfolio with one tenant renting for 2+ years, three tenants have rented for 5-6 years, and one tenant has rented for almost 22 years. There is one new tenant this year. The package price is $374,500 which is an average of $53,500 per door. Estimated Pro Forma Cap Rate is 11.32%. Access to the properties will be provided with an accepted contract. To minimize tenant disruption, the buyer will have one-time access to the properties so a walk-through, inspection, and/or appraisal will all need to be completed together. Please see supplements for a brochure with details on all of the properties.

Location

State MO

County St Louis

Area Jennings

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Electric

Fireplace Y

Exterior

Parking Features false

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Construction Status 75

Schools

Elementary Schools Fairview Elem.

Middle Schools Jennings Jr. High

High Schools Jennings High

School District Jennings

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None


Listed by Malinda Terreri • Terreri Team Realty LLC
agent

Keagan Marten

Agent | License ID: 475.206207

+1(217) 710-7047

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5469 Hodiamont AVE