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7443 Hazelcrest Drive H
Hazelwood MO 63042 US

$455,000

Active Listing ID 24058094
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Lot: 38.23 Acres
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Other

$455,000

Active Listing ID 24058094
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7443 Hazelcrest Drive H Portfolio includes seven well-maintained condos across five buildings. The mix features 3 studios, 1 one-bedroom, 2 two-bedroom, and 1 three-bedroom units. The monthly rental income will be $6, 125 ($73, 500 annually) with expenses at $27, 570, resulting in $45, 930 net income once 7596 A is rehabbed and leased. At the new price, this investment meets the 1.2 DSCR ratio with 20% down and a 7.5% interest rate. There’s potential for higher income as rents are below market. Exterior maintenance, landscaping, and parking are handled by the condo association. Amenities include off-street parking and laundry options. The all-electric units ensure affordable utility costs, with water, trash, and gas included. Additionally, the hassle-free property management provided by the condo association allows for minimal owner oversight, making it an ideal investment opportunity. This portfolio benefits from proximity to major employers like Amazon and Boeing, making it a desirable location for tenants.

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Property Features

  • Facts
  • Lot Size: 38.23 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

School Information

  • School
  • Cold Water Elem.(Elementary)
  • Central Middle(MiddleSchool)
  • Hazelwood West High(HighSchool)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 455000
  • unparsedaddress: 7443 Hazelcrest Drive
  • unitnumber: H
  • postalcity: Hazelwood
  • stateorprovince: MO
  • country: US
  • postalcode: 63042
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 38.23
  • lotsizeunits: Acres
  • lotsizearea: 38.23
  • livingarea: 5194
  • livingareaunits: Square Feet
  • latitude: 38.780413
  • longitude: -90.340744
  • listagentfullname: Matthew Guignon
  • listagentemail: matt@investstl.com
  • listagentkey: 3yd-MARISMO-MGUIGNON
  • listagentmlsid: MGUIGNON
  • listagentpreferredphone: 3147078314
  • listagentofficephone: 3256201
  • listofficekey: 3yd-MARISMO-INVS01
  • listagentstatelicense: 2018041115
  • listofficemlsid: INVS01
  • disclaimer: Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1966
  • listagenturl: http://investinstlouis.com
  • countyorparish: St Louis
  • parcelnumber: 09K-61-4721
  • elementaryschool: Cold Water Elem.
  • highschool: Hazelwood West High
  • elementaryschooldistrict: Hazelwood
  • middleorjuniorschooldistrict: Hazelwood
  • highschooldistrict: Hazelwood
  • constructionmaterials: Brick
  • heating: Forced Air
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -90.340744, 38.780415
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Invest St. Louis", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":1519}], "GeocodeOptions":null, "LeadRoutingEmail":"matt@investstl.com", "ListBrokerageCity":"St. Louis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"investsaintlouis@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Invest St. Louis", "ListBrokeragePhone":"(314) 255-5117", "ListBrokeragePostalCode":"63139", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6201 Arsenal", "ListBrokerageWebsiteUrl":"http://investinstlouis.com", "ListOfficeAddress1":"2309 Thurman", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"JSCHOEN", "ListOfficeCity":"Saint Louis", "ListOfficeCountry":"US", "ListOfficeEmail":"Jordan@InvestSTL.com", "ListOfficePostalCode":"63110", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family 5+ - Hazelwood, MO", "ListingURL":"https://listings.listhub.net/pages/MARISMO/24058094/?channel=rexren", "MLSModificationTimestamp":"2024-09-18T11:04:10Z", "Neighborhoods":[{"Description":null, "Name":"Hazelwood West"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4396, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:01:13 AM GMT
Source Updated Date: 11/22/2024 6:50:56 AM GMT

Courtesy of: Matthew Guignon, Invest St. Louis, matt@investstl.com

Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.