Black Jack, MO 63033,25 Nordell CT
Black Jack, MO 63033,25 Nordell CT
Black Jack, MO 63033,25 Nordell CT
$730,000
Est. payment /mo
$739,000
1.2%
Est.Price: ?

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8,708 SqFt
SOLD DATE : 08/01/2022

Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 8,708 sqft

Price per Sqft $83

Subdivision Nordell Court

MLS Listing ID 22036533

Sold Date 08/01/22

Construction Status 62

Year Built 1960

Building Age 62

Lot Size 0.970 Acres

Acres 0.97

Lot Dimensions 245x201x59x125x14x188

Property Description

12 unit apartment complex located in a quiet residential neighborhood in the Hazelwood School District with mostly single family homes. Built in 1960 with 12 Ranch style units with the ability to build out a 13th unit which is currently a shell. There are currently 11 one bedrooms and 1 efficiency. Sale includes two lots, 25 Nordell Ct, the main lot with the apartment complex which is .97 acres and there is also 20 Nordell Ct, a .47 acre buildable residential lot totalling almost 1.5 acres. Complex features laundry facility with coin operated laundry and storage units for tenants. 1 Bedroom rents for as much as $700 which provides an opportunity to raise rents. If fully rented with rents of $700 for the 1 beds, $600 for the efficiency and the potential future unit rented for $700 the building would generate $9,000 a month. Low maintenance building with a number of long term tenants. Easy to rent and has been at 97% occupancy. Plenty of off street parking.

Location

State MO

County St Louis

Area Hazelwood Central

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Laundry Coin Operated, Common Laundry

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 62

Schools

Elementary Schools Jury Elem.

Middle Schools Central Middle

High Schools Hazelwood Central High

School District Hazelwood

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Exchange

Listing Terms Cash Only, Conventional, Exchange

Special Listing Condition None

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Listed by Jordan Schoen • Invest St. Louis
Bought with Holly Gerchen

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Holly Gerchen

+1(314) 629-3858

License ID: 2012008377

License ID: 2012008377

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