7136 Lillian Avenue, St Louis

$925,000

0 Bed
0 Bath
21,205 Sqft
2.69 Acres
0 Garage

Portfolio of 21 homes with 20 located in north St. Louis county, 1 in south St. Louis with a mix of 3, 2 and 1 beds. Potential to increase rents significantly both as-is and with additional updates. The average rent for the homes is $899 a month based on similarly sized rental homes with the same bedroom and bathroom count in the same zip codes. Potential to update homes and sell them to owner-occupants in the future. There are numerous similarly sized updated homes selling for over $100,000 nearby. Management company in place that has been managing properties for 19 years located near the homes, management services can remain in place if desired. Most homes are located in very close proximity providing ease with maintenance, and leasing. Seller recently completed several capital expenditure items, and completed numerous turnovers. Sold as-is. Showings will be available with an accepted contract. An additional 21 home portfolio is available nearby. Please inquire for additional info

Essential Information
MLS® #24000455
Price$925,000
Bathrooms0.00
Square Footage21,205
Acres2.69
Year Built1949
TypeCommercial Sale
Sub-TypeMulti-Family 5+
StatusPending
Community Information
Address7136 Lillian Avenue
AreaNorth
SubdivisionKenwood Homesites
CitySt Louis
CountySt Louis
StateMO
Zip Code63121
Garages

Space/Unit - 1, Space/Unit - 2+, On Street

Interior
HeatingForced Air
CoolingWall Unit(s), Electric, Gas
Exterior
ConstructionBrick, Other, Vinyl Siding
School Information
DistrictNormandy
ElementaryBarack Obama Elementary School
MiddleBarack Obama Middle School
HighNormandy High
Additional Information
Date ListedJanuary 4th, 2024
Days on Market119
HOA Fees Freq.None
Listing Details
OfficeInvest St. Louis
Property History
Status Changed from Active to Pending
Price Reduced from $975,000 to $925,000
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