6947 Midwood Avenue, Hazelwood, MO 63042

bedrooms 38
bathrooms 13
parkingSpaces 12
|House
THB ฿41,583,349
USD $1,195,000
Published on: 08 Oct 2024
Last updated on: 09 Nov 2024
6947 Midwood Avenue, Hazelwood, MO 63042
6947 Midwood Avenue, Hazelwood, MO 63042
6947 Midwood Avenue, Hazelwood, MO 63042
+36
6947 Midwood Avenue, Hazelwood, MO 63042
  • 36
Property ID: 110094993648
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Residential, Other - Hazelwood, MO

6947 Midwood Avenue, Hazelwood, MO 63042
Rare opportunity to acquire portfolio of 12 single-family homes providing an excellent blend of stability, income, and future upside potential. Each home features a minimum of 3 bedrooms and 1 bathroom, with one home 5 bedrooms and 2 bathrooms. 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one. The current owners have invested approximately $180k into capital improvements and updates since 2022. A savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar. Significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. This presents a compelling value-add opportunity for investors looking to optimize returns. Seller will be reviewing offers October 8th at 12:00pm. Please include a response time of October 9th at 12:00pm. Duplicate 24062247

Property Details

Basic Info

Property Type
House
Listing Status
Pending
Parking Spaces
12
Land Size
8,789.78 m2
Building Size
1,051.57 m2
Year Built
1954
Rooms
38 bedroom(s), 13 bathroom(s)
Architecture Style
Other
Num Floors
1
County
St Louis
Parcel ID
10J-42-0253
Provider
Invest St. Louis
Subdivision
Frostwood 6
Brokerage Office Name
Invest St. Louis
Brokerage Office Phone
(314) 255-5117
Neighbourhoods
McCluer
Address
6947 Midwood Avenue, Hazelwood, MO 63042

Nearby Schools

TypeSchool nameDistrict name
ElementaryWedgwood Elem.Ferguson-Florissant R-II
HighMccluer HighFerguson-Florissant R-II
JuniorhighFerguson MiddleFerguson-Florissant R-II
MiddleFerguson MiddleFerguson-Florissant R-II

Tax History

YearTax amount
2023USD $15397THB ฿535,781*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

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Jordan Schoen
2309 Thurman, Saint Louis, MO 63110
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Jordan Schoen
2309 Thurman, Saint Louis, MO 63110
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      Property ID: 110094993648

      Data provided by Invest St. Louis, MLS #: 24062040
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