SoldMay 2, 2024

Listed by Kelley Hoffman and Jamie Dean from Provident Property Management

Bought with Hoang Ho from Tao Realty Group LLC

Source: Mid America Regional Information Systems, Inc. #24014073

1068 Sutter Ave, Wellston, MO, 63130

Amount undisclosed

5928 sq. ft.
8015 sq. ft.

MultiFam

30+ days on the market

Sold: May 2, 2024

What's around 1068 Sutter Ave

About this property

GREAT opportunity to own a 10 unit complex close to the Delmar Loop! Nicely Newly Renovated - Updates include new plan flooring throughout, an open living and dining room, master bedroom suite that offers a full bathroom with both new tub and vanity. The kitchen has an electric stove top, fridge and a decent size eat-in area. Washer and dryer connections. Close to public transportation. Decision was made to offer rent specials to fill vacancies before end of the year. Regular rent rate $650. (Pro-Forma $650 x 10 = $6500 a month!) Newer leases reimburse for sewer, can do same for water & trash. These units are super easy to rent and run! All the heavy lifting has already been down. One unit needs some work. One unit in middle of a turnover which will be completed by closing. Some leases need renewal. This is a great money-maker and with so much upside within EASY reach. Compare ROI in this price range! This is the ONE! Selling Largely As-Is

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