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208 Lark Avenue

Unincorporated, MO 63125
$385,000
Photo of 208 Lark Avenue Unincorporated MO 63125

Details

Looking for a great value add opportunity in South County? look no further! These twin four-unit buildings (sold together with 212 Lark) offer economy of scale along with conventional or commercial financing. Professionally managed with multiple system updates including plumbing, electric panels and HVAC. High rent of $1050 with average rent of $831 provides $10,500 annual rental income upside and a 9.67% Cap Rate. All units are 2bed/1bath 825 sq ft units. Building includes off street parking on a quiet street and a plenty of trees in a park like setting.

Specs

Type Multi-Family
Year Built 1962
Taxes Paid $4,726

Lots & Building Features

Appliances Some Dishwasher(s), Some Storm Door(s), Some Refrigerator(s), Some Range Oven(s)
Construction Brick
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Off Street
Sewer Public Sewer
Tax Year 2024
Water Public
Lot Dimensions 48x117 ft

Room Details

Misc Description Basement, Laundry Facl-Private

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Financing

$
20%
1.2275324675325%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Unincorporated
County St Louis
School District Hancock Place
Subdivision Telegraph Park

Schools

Elementary School Hancock Place Elem.
Junior High School Hancock Place Middle
Senior High School Hancock Sr. High
Nicholas Smyrniotis, Apartment Advisors of America