8954 Natural Bridge Road, St Louis, MN 63121
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Other
THB ฿23,567,655
USD $699,000
Published on: 14 Feb 2025
Last updated on: 14 Feb 2025
Property ID: 110097358028
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Multi-Family 2-4 - St Louis, MO
8954 Natural Bridge Road, St Louis, MO 63121
8950 Natural Bridge (duplex), 8954 Natural Bridge (3 units) and 8958 Natural Bridge (6 units + storage unit) are being sold together. Currently this property brings in $7,580/month. $840/month is the Section 8 Fair Market rent for studios and 1beds in this zip code. If all rents were brought to the Fair Market rent for the area, this property would be bringing in $9,500/month. The taxes for all 3 buildings is a total of $12,136. The seller's annual insurance premium is $8,400. The utilities average around $1500/month which comes out to $18,000 annually. If you bring all units to Market Rate rent and account for 5% vacancy, the Proforma NOI is $69,794 which would be a 9.97% cap rate at a $700,000 purchase price. All units are occupied, please do not disturb tenants. Units can only be viewed with an accepted contract.
Property Details
Basic Info
Basic Info
Property Type
Other
Listing Status
Active
Land Size
724.79 m2
Year Built
1949
Architecture Style
Other
County
St Louis
Parcel ID
14J-44-0882
Provider
MARIS
Subdivision
Ramona Heights
Brokerage Office Name
The Agency
Brokerage Office Phone
(314) 280-9996
Neighbourhoods
North
Address
8954 Natural Bridge Road, St Louis, MN 63121
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Normandy High | Not available |
| Not available | Not available | Not available |
| Elementary | Barack Obama Elementary School | Not available |
| Not available | Not available | Not available |
| Middle | Normandy Middle | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Normandy Middle | Not available |
| Not available | Not available | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2024 | USD $1638 | THB ฿55,227* |
*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
Anthony Klier
Contact Agent
Contact Agent
Email enquiry to The Agency
Anthony Klier
8007 Clayton Rd, Saint Louis, MO 63117
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Property ID: 110097358028
Data provided by MARIS, MLS #: 25005497
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