Property
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Presented By: Apartment Advisors of America LLC
Welcome to this exceptional opportunity to own a 12-unit apartment building located in a prestigious and unique gated community known as Pasadena Hills. Situated in a location near highway access and University Missouri St. Louis, makes it an attractive option for students, faculty and staff. The property offers a range of desirable features that make it an attractive investment including a mix of one, two and three bedroom units with hardwood floors throughout, forced heat, central air, storage, laundry on-site and garage parking. The current rents are below market with rent potential of an additional $6,900 annually. Don't miss out on this chance to own a solid, well constructed apartment building in a gated community with park access.
Presented By: Apartment Advisors of America LLC
Above Grade Finished Area16896
Above Grade Finished Area SourcePublic Records
Heating Y/NYes
Laundry FeaturesCoin Operated, Common Laundry
Street SuffixBoulevard
Attached Garage No
CityPasadena Hills
Construction MaterialsBrick Veneer, Brick Veneer, Concrete
CoolingCeiling Fan(s), Electric
CountySt Louis
Days on Market
DirectionsFrom Clayton take Interstate 170 North, East Interstate 70, South on Lucas and Hunt, West on Natural Bridge, North Roland Blvd.
DisclosuresUnknown, Sellers Discl Not Av
Elementary SchoolLucas Crossing Elem. Complex
HeatingForced Air
High SchoolNormandy High
High School DistrictNormandy
Lot Size Square Feet23522
MLS AreaJennings
Middle/Junior High SchoolLucas Crossing Middle
Net Operating Income65951
Ok to LeaseLeases
Ownership TypePrivate
PossessionClose Of Escrow
Property SubTypeMulti-Family 5+
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
Street NamePasadena
Subdivision NamePasadena Hills
Tax Annual Amount9541
Tax Year2023
Tenant PaysCable TV, Electricity, Gas
Total Units12
TownshipPasadena Hills
Year Built1961
Builder ModelLow/1-2
InclusionsBuilding & Land
Lot Size Acres0.54
Lot Size SourceCounty Records
Parking FeaturesParking Garage, Parking Lot
Water SourcePublic
High School
Normandy High
Elementary School
Lucas Crossing Elem. Complex
Middle School
Lucas Crossing Middle
Realtor