BEDS0
BATHS
MLS#26009021
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONElm Grove Lane 1
SCHOOLHazelwood
Property Description
Stabilized Turn Key 20-Unit Multifamily Investment in Sought-After Hazelwood!Exceptional opportunity to own a stabilized 20-unit apartment building in the highly desirable Hazelwood School District. This well-performing property features a strong mix of 8 one-bedroom units and 12 two-bedroom units, offering both diversity and consistent tenant demand.Units are spacious and updated, with many featuring remodeled kitchens some with granite countertops, updated baths, hardwood or vinyl plank flooring, and stainless steel appliances in select units, mostly updated HVAC systems, water heaters and sewer line replacement. Tenants enjoy the convenience of ample off-street parking, plus access to coin-operated and tenant-owned laundry facilities located in the basements of the buildings.Positioned in a solid rental market with great access to highways, shopping, and major employment hubs, this property is ideal for investors looking for immediate cash flow with long-term growth potential. Tenants pay rent plus utility reimbursements monthly. Well-maintained & professionally managed. Don't miss this chance to add a strong, income-producing asset to your portfolio in one of the most desirable rental markets. PLEASE do not disturb tenants.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete, Storage Space, Unfinished
Cooling: Central Air
Heating: Forced Air
Home Style: Apartment Style, Traditional
Lot Size: 0.13 Acres
Roof Type: Pitched/Sloped, Shingle
Taxes: $16,857
Year Built: 1959
Amenities
Custom Cabinetry
Granite Counters
Lever Faucets
Storage
Feature Descriptions
Appliances: Microwave, Electric Range, Refrigerator
Days on Site: 6
Exterior: Brick
Fencing: None
Laundry: In Basement, Common Area
Lot: Cleared, Level
Parcel#: 08K-12-1127
Parking: Additional Parking, Off Street, Parking Lot
Parking Notes: Additional Parking, Off Street, Parking Lot
SQFT. Above Grade: 20154
Units: 20
Water: Public
Window: Window Coverings
Local Schools
High School: Hazelwood West High
Middle School: Northwest Middle
Elementary School: Mcnair Elem.
School District: Hazelwood
Listed By / Shown By
Listed By
Agency Name: Realty Executives of St. Louis
Shown By
Agent Name: Michael Simon
Agent Phone: (314) 757-9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 12,310.38 per month $10,351.47 Principal & Interest $1,404.75 Property Tax $554.17 Homeowner's InsuranceChange Payment Information
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7412-7418 Olian Drive | MLS# 26009021
This multi-family property located at 7412-7418 Olian Drive, Hazelwood, MO 63042 is currently listed for sale with an asking price of $1,900,000. 7412-7418 Olian Drive is located within the Hazelwood school district. Search Hazelwood real estate on www.simonsellsstl.com today.