814 Nathan St Unit 808-814, St Charles, 63301

REDUCED 8% Multi-Family 2-4 For Sale in Powell Terrace

$300,000

Beds
Baths
3,450Sqft
.34Acres
1950Built
123DOM
MLS® #: 19045687
Active Under Contract, 123 Days on Market

This 4 family investment has 2- three (3) bed room units and 2- two (2) bedroom units all with one bathroom & fenced yards! 100% Leased! The three (3) Bedroom units average $720/month and the two (2) bedroom units average $643/mo. Gross Operating Income includes late fees. One two bedroom and one three bedroom are on a month to month Lease the other two are under a one year Lease agreements. Great location with quick/easy access to I-70, groceries, restaurants, hospital, urgent care, employment and more! This investment yields approximately an 8.0% cap rate with existing rents with low to no vacancy. Ideal 1031 investment. A new shingle roof was installed 5 or so years ago. HVAC, water heaters all are in working order! Tenants pay their own utilities, grass cutting, snow removal, cable/internet & telephone. Call for more information on this multi-family investment opportunity! Property will be shown only after a sale contract has been accepted(with a property tour contingency).

Price & Status History

Date Details
Status Changed from Active to Active Under Contract
Status Changed from Pending to Active
Status Changed from Active to Pending
Price Reduced from $325,000 to $300,000

Essential Information

MLS® #: 19045687
Price: $300,000
Square Footage: 3,450
Acres: 0.34
Year Built: 1950
Type: Multi-Family 2-4
Status: Active Under Contract

Community Information

Address: 814 Nathan St Unit 808-814
Area: St. Charles
Subdivision: Powell Terrace
City: St Charles
County: St Charles
State: MO
Zip Code: 63301

Amenities

Parking: More Than 1 Spc/Unit, Off Street, On Street Parking

Interior

Heating: Forced Air
Cooling: Central-Electric

Exterior

Lot Description: 134 frontage x 122 depth
Construction: Brk/Stn Veneer Frnt, Vinyl Siding

School Information

District: St. Charles R-VI
Elementary: Lincoln Elem.
Middle: Jefferson / Hardin
High: St. Charles High

Additional Information

Date Listed: June 21st, 2019
Days on Market: 123
HOA Fees Freq.: None

Listing Details

Listing Office: Keller Williams Realty West

Financials

$/SqFt: $87

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