7427 S Broadway, St Louis, MN 63111
Other
THB ฿14,224,043
USD $420,000
Published on: 05 Nov 2024
Last updated on: 16 Jan 2025
Property ID: 110095547082
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Multi-Family 5+ - St Louis, MO
7427 S Broadway, St Louis, MO 63111
Established in 1757, the French settlement of Carondelet has a rich and impressive history and overlooks the Mississippi River. This 2-bldg. package features 8 apartments and 2 commercial units. The latter is leased to a long-term tenant (a church) and features a large open area with a smaller warehouse in the rear w/garage door opening into the parking lot. Apartments are mix of 6 studios and 2 1-bed units. Window AC & boiler heat included w/rent. Gas water heaters, PVC stacks. Parking in rear & on-street Roofs/gutters new '16. 7425 S. Broadway: 1-story, built in 1936, 2,774 sf. 7427-29 S. Broadway: 3-stories, built in 1896, 11,473 sf. 14,247 sf total. Nearby are restaurants like Stacked STL, a grocery store, independent businesses like Perennial Artisan Ales microbrewery, plus parks, River City Casino, and I-55. Using a pro forma $650 for the vacant units, current income is 85,380 - operating expenses of 37,735, NOI is 47,645 – an 11.34% cap rate at asking price.
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Land Size
535.80 m2
Building Size
1,323.59 m2
Year Built
1896
Architecture Style
Other
County
St Louis City
Parcel ID
3054-00-0070-7
Provider
MARIS
Subdivision
Eilers
Brokerage Office Name
Worth Clark, Inc.
Brokerage Office Phone
(800) 991-6092
Neighbourhoods
South City
Address
7427 S Broadway, St Louis, MN 63111
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Roosevelt High | Not available |
| Not available | Not available | Not available |
| Elementary | Woerner Elem. | Not available |
| Not available | Not available | Not available |
| Middle | Lyon-Blow Middle | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Lyon-Blow Middle | Not available |
| Not available | Not available | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2023 | USD $2002 | THB ฿67,801* |
*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.
Contact Agent
Tammy Derrigan
Contact Agent
Contact Agent
Email enquiry to Worth Clark Realty
Tammy Derrigan
100 Chesterfield Bus Pkwy 2 Fl, Chesterfield, MO 63005
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Property ID: 110095547082
Data provided by MARIS, MLS #: 24069123
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