MartiMerrifield
BEDS0
BATHS
SQUARE FEET1,024
MLS#26070743
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFrostview
SCHOOLFerguson-Florissant R-II
Property Description
This package of 14 single family homes in St. Louis, County, MO, has everything you're looking for: Average rent is $1695/month 85% of leases are Sec 8 Estimated 11.24% cap rate Thirteen of the 14 properties are leased. Pre-listing inspections have been completed on all properties and 360 virtual tours are available on 13 of the homes. Average tenant tenure of almost 6 years across occupied units, with two tenancies exceeding 10 years.Priced at $1,500,000, this package has $285,000 in projected annual gross rental income.This is an opportunity to secure scale, established rental income, and long-term potential in a single transaction. All 14 properties have undergone pre-listing inspections by an ASHI-certified inspector, providing buyers with additional insight into the condition of each home. Virtual 360 tours are also available on 13 of the 14 homes. The portfolio is offered as-is, with pricing reflective of the existing property conditions. No seller financing is available.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Garage: 1
Heating: Forced Air
Home Style: Ranch, Traditional
Lot Size: 0.18 Acres
Stories: 1.0
Taxes: $1,273
Year Built: 1955
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 10J-13-1096
SQFT. Above Grade: 1024
Water: Public
Local Schools
High School: Mccluer South-Berkeley High
Middle School: Ferguson Middle
Elementary School: Berkeley Elementary School
School District: Ferguson-Florissant R-II
Listed By / Shown By
Listed By
Agency Name: Terreri Team Realty LLC
Shown By
Agent Name: Marti Merrifield
Agent Phone: 314.614.1985
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 8,715.79 per month $8,172.21 Principal & Interest $106.08 Property Tax $437.50 Homeowner's InsuranceChange Payment Information
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6857 Frostview Lane | MLS# 26070743
This multi-family property located at 6857 Frostview Lane, Berkeley, MO 63134 is currently listed for sale with an asking price of $1,500,000. Frostview Lane is located within the Ferguson-Florissant R-II school district. Search Berkeley real estate on www.martimerrifield.com today.