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7301 Murdoch Avenue, St Louis, MO 63119

$385,000
Rental Complex For Sale MLS# 17067348 ID: 47307190
$385,000 Get Rates

Apt Bldg/Exterior En,Multi-Family 5+, Low/1-2 - St Louis, MO
This quiet gem is fully occupied with 4 long-term tenants and 1 newer one. All units have: living room, dining area, bedroom(s) w/big closets, and kitchens with wood cabinets, Formica counters, and mostly newer appliances. Terrazzo flooring in the front units, hardwood flooring in the back units. MCM bathrooms have tile floors. Three 1-bedroom units are in the front, on a slab (no basement). Rents are $490, $525, and $525. Interior photos shown are of from one of these units. A 1-bedroom unit and a 2-bedroom unit are located in the back, over the basement. Rents are $490 and $605. Individual utilities with separate gas forced air and central AC. Updates: two new condenser units (2007 & 2016); 75-gallon hot water heater (2016) serves the entire building for just $720 per year; one updated stack; new roof in 2005; parking lot paved in 2007. Webster Groves School District. 5.6% cap rate w/current income/expenses; 6.3% with modest rent increase to $550 for 1-bd, $650 for 2-bd.

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Location Information near 7301 Murdoch Avenue
Offered by Tammy Derrigan at Realty Exchange

Would you like more information regarding this property?
Please call 647-2220.

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Property Features for 7301 Murdoch Avenue
Status
Market Status
Available
Last Updated
November 16, 2017
Description
Property Type
Rental Complex For Sale
Year Built
1961
Approx. Lot Size
0.25 Acres
Sq. Feet
3,975

Building Features

  • Heating System: Forced Air
  • Central Air

Exterior Features

  • Exterior Construction: Brick; Stone
  • Parking: Assigned; Parking Lot; Unassigned

Legal/Financial

  • Taxes: 4358 (2016)

Listing Features

  • Property Type: MultiFamily; Apartment

Other Features

  • Avery Elem.,Webster Groves High,Hixson Middle,Webster Groves; Webster Groves; Webster Groves
  • Hixson Middle,Webster Groves; Webster Groves; Webster Groves,Avery Elem.,Webster Groves High
  • Webster Groves High,Avery Elem.,Webster Groves; Webster Groves; Webster Groves,Hixson Middle
  • Webster Groves; Webster Groves; Webster Groves,Hixson Middle,Webster Groves High,Avery Elem.
  • Tammy Derrigan
  • Realty Exchange

Data Provided by:
Mid America Regional Information Systems, Inc.

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More information about this $385,000 Rental Complex For Sale at 7301 Murdoch Avenue

This $385,000 Rental Complex For Sale at 7301 Murdoch Avenue in St Louis, MO is presented by Tammy Derrigan. This $385,000 Rental Complex For Sale, located in the 63119 zip code, has the following property features: Property Type, Avery Elem.,Webster Groves High,Hixson Middle,Webster Groves; Webster Groves; Webster Groves, Webster Groves High,Avery Elem.,Webster Groves; Webster Groves; Webster Groves,Hixson Middle, Parking. This 7301 Murdoch Avenue Rental Complex For Sale, located in , is listed under MLS listing number 17067348 and has a listing price of $385,000. You can find more ST LOUIS homes for sale here.