7427 S Broadway
Saint Louis, MO 63111
-- Bed
-- Bath
14,247 Sq Ft
176 Days on Market
For Sale $400,000
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Courtesy of Worth Clark Realty

Listing Agent & Comments

Tammy K DerriganWorth Clark Realty
314-518-4347tammyderrigan@gmail.com License #2016008170
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 11.91% cap rate at asking price.

MLS# MAR24069123 • Data provided by MARIS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area14,247 Sq.Ft.
Lot Size5,767 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1896
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
This property is missing data for:
Comparable properties, forecast, and sale history
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7427 S Broadway, Saint Louis, MO 63111

Multifamily
-- Bed
-- Bath
14,247 Sq Ft
176 Days on Market

Listing Agent & Comments

Tammy K DerriganWorth Clark Realty
314-518-4347tammyderrigan@gmail.com License #2016008170
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 11.91% cap rate at asking price.

MLS# MAR24069123 • Data provided by MARIS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area14,247 Sq.Ft.
Lot Size5,767 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1896
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
This property is missing data for:
Comparable properties, forecast, and sale history
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $400,000
Get_PreApproved_Property_Details
Save
Courtesy of Worth Clark Realty
7427 S Broadway
Saint Louis, MO 63111
-- Bed
-- Bath
14,247 Sq Ft
176 Days on Market

Listing Agent & Comments

Tammy K DerriganWorth Clark Realty
314-518-4347tammyderrigan@gmail.com License #2016008170
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 11.91% cap rate at asking price.

MLS# MAR24069123 • Data provided by MARIS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area14,247 Sq.Ft.
Lot Size5,767 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1896
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
This property is missing data for:
Comparable properties, forecast, and sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $400,000
Get_PreApproved_Property_Details
Save
Courtesy of Worth Clark Realty