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For sale 10 days ago

$130,000

rooms 4+ ba

1341 & 1347 Blackstone Ave, Saint Louis, MO 63112

Multiple Off MLS

Current Rent **

N/A

Projected Rent **

$4,052

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

๐Ÿ’ฅ (๐—ฆ๐˜. ๐—Ÿ๐—ผ๐˜‚๐—ถ๐˜€, ๐— ๐—ข) ๐Ÿฎ ๐——๐˜‚๐—ฝ๐—น๐—ฒ๐˜… (๐Ÿฐ ๐—จ๐—ป๐—ถ๐˜) ๐—ฃ๐—ฎ๐—ฐ๐—ธ๐—ฎ๐—ด๐—ฒ ๐——๐—ฒ๐—ฎ๐—น | ๐—ง๐—ฒ๐—ป๐—ฎ๐—ป๐˜๐˜€ ๐—ฃ๐—ฎ๐˜† ๐—”๐—น๐—น ๐—จ๐˜๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€ | ๐—š๐—ฒ๐˜ ๐Ÿฎ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐Ÿญ

TWO DUPLEX PACKAGE DEAL in Saint Louis, Missouri!

ARV: $264,894

Potential Rent: $4,052/month

Unit Mix: Four 2 Bed/1 Bath Unit

Occupancy: 100% Vacant

Market Rents: $1,013/Unit

Taxes: $1,200

Utilities: Tenants pay for all utilities.

Building Square Footage: 2,272 Sq Ft for each property

Lot Size:
1341 Blackstone Ave - 3,042 sq ft
1347 Blackstone Ave - 3,427 sq ft
Year Built:
1341 Blackstone Ave - 1909
1347 Blackstone Ave - 1907

Management: Currently self-managed, but excellent local property management company ready to step in and manage this one for the next owner.

Cap Rate (Pro Forma): 27.94% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)

Due Diligence: While we do our best to get all the relevant information to you, buyers are encouraged to do their own due diligence. (See Important Disclosures Below)

Location:

1341 & 1347 Blackstone Ave, Saint Louis, MO 63112

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.