Multi-Family for Sale: 7427 S Broadway, St Louis, MO 63111

14,247 sqft
$450,000
$450,000
7427 S Broadway, St Louis, MO 63111
14,247 sqft
$450,000
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Price:
$450,000

Type Multi-Family
Square Footage 14,247 sqft
Lot Size 0.13 acres
Year Built 1896
Assoc Fee Paid None
Taxes Paid $2,002

City St Louis
County St Louis City
School District St. Louis City
Subdivision Eilers

MLS 24069123
Status Active
DOM 5 days
stablished 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 – a 10.5% cap rate at asking price.

Lot & Building Features

Assoc Fee Paid None
Construction Brick
Cooling Window Unit(s)
Heat Source Gas
Heating Hot Water
Parking Description On Street, Unassigned, Parking Lot
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions see tax records

Community and Schools

Elementary School Woerner Elem.
Junior High School Lyon-Blow Middle
Senior High School Roosevelt High

Price History of 7427 Broadway, St Louis, MO

Date Name Price Difference
11/03/2024 Listing Price $450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7427 Broadway, St Louis, MO

Location Map Street View
Photo of Madeline Hamm
Direct: 314-383-5460
Office
5377 State Hwy. N Suite 452
Cottleville, MO 63304
734-2948
Listed by Worth Clark Realty, Tammy Derrigan
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20%
0.44488888888889%
6.75%
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$
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

7427 Broadway (MLS #24069123) is a multi-family listing located in St Louis, MO. This multi-family listing is 14,247 sqft and on a lot of 5,767 sqft (or 0.13 acres) and is 128 years old. This property was listed on 11/03/2024 and has been priced for sale at $450,000.

Nearby zip codes are 62240, 63116, 63118, 63123 and 63125. This property neighbors other cities such as East Carondelet and Lemay.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Worth Clark Realty

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