$ 1,500,000
-
$1,500,000
Price -
0
Bed - Bath
-
0
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing INVS01 - JSCHOEN,MGUIGNON
The Cedar Ridge Apartments offer an excellent opportunity for investors seeking stable cash flow, strong returns, and minimal management hassle just outside of St. Louis. This 16-unit community is spread across four well-maintained buildings in Desloge, Missouri, and is consistently fully leased and easy to operate. The building features 2 bedroom units with in unit laundry, all the units have their own porches. The apartments also have central air with mini splits, and there are detached storage units for the apartments on site. With significantly lower expenses for taxes, insurance, and utilities compared to similar properties in the city, this asset stands out for its efficiency and profitability. Located in unincorporated St. Francois County, the property benefits from a landlord-friendly environment with low taxes, minimal red tape with no occupancy inspections. Projected rents of up to $1,000 per unit offer immediate income potential and long-term upside. Whether you're expanding your portfolio or looking for a low-maintenance investment, Cedar Ridge Apartments delivers dependable performance without the typical headaches.
Listing Highlights for 801 W Walnut St
Status
Active
Days on Site
47
Property Type
Multi-Family
MLS ®
25050621
Year Built
1997
Total Square Footage
0
Lot/Acreage
2.09
County
St. Francois
Neighborhood
St Joseph Lead Compans Sub
Area
702 - Desloge
School District
North St. Francois Co. R-I
Elementary School
North County Parkside Elem.
Middle School
North Co. Middle
High School
North Co. Sr. High
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $5,787
- Taxes w/Assessments: N/A
- Tax/Property ID: 07-70-36-00-000-0021.04
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
801 W Walnut St Park Hills, MO 63601
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 -
