NEW! Buy and sell safely with virtual options - Learn More
About the Listing INVS01 - MGUIGNON
This portfolio features seven diligently maintained condos located close to each other in Hazelwood on Sieloff Drive. All 7 units are currently occupied. These condos are all two-bedroom, one-bathroom units with the exception of one 3-bedroom, 1-bathroom unit. Many of these units have had the same tenants for several years and are in good condition. The current monthly rental income totals $63,900 annually with current annual expenses of $21,666, resulting in a net annual income of $42,234. At the current list price, assuming 80% LTV 30yr amortization and 7% rate this condo portfolio is lender friendly, exceeding a 1.5 DSCR. There is potential for even higher net income as the units are currently rented below market rates. Property maintenance is hassle-free with the condo association handling all exterior repairs, landscaping, and parking areas. Amenities include off-street parking, in-unit or on-site laundry, and all-electric utilities, covering water, trash, and gas expenses.
Listing Highlights for 7411 Sieloff Drive H
Status
Pending
Days on Site
168
Property Type
Multi-Family
MLS ®
25016936
Year Built
1966
Total Square Footage
5,722
Lot/Acreage
0.07
County
St. Louis
Neighborhood
Hazelcrest Iii Condo
Area
5 - North
HOA Dues
1419/Monthly
School District
Ferguson-Florissant R-II
Elementary School
Combs Elem.
Middle School
Cross Keys Middle
High School
Mccluer North High
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances: Electric Water Heater
- Air Cond: Window Unit(s)
- Heating: Baseboard,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5722
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 565x1266x431x59x58x182x82x1514
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Assigned,Open,Parking Lot
Financial Details
- Tax Amount: $632
- Taxes w/Assessments: N/A
- Tax/Property ID: 09K-61-1377
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
7411 Sieloff Drive H Hazelwood, MO 63042
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
