Active
208 Lark Avenue
Unincorporated, MO 63125
$385,000
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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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