2720 Texas Avenue

St. Louis, MO 63118

$160,000
Price
Beds
1,970 Sq. Ft.
$81 / Sq. Ft.
1,970
Sq. Ft.
$81
per Sq. Ft.

Description

This two-family property presents a great investment opportunity. The first-floor unit, a 1-bedroom, 1-bath, is currently rented at $699 per month, with rent paid reliably by an agency. A lease renewal is already in place for December 2024, increasing the rent to $799 per month. The second-floor unit, also a 1-bedroom, 1-bath, is vacant after the previous tenant moved out in August and will need a make-ready. With median rents in the area around $850 per month, the property offers strong potential...This two-family property presents a great investment opportunity. The first-floor unit, a 1-bedroom, 1-bath, is currently rented at $699 per month, with rent paid reliably by an agency. A lease renewal is already in place for December 2024, increasing the rent to $799 per month. The second-floor unit, also a 1-bedroom, 1-bath, is vacant after the previous tenant moved out in August and will need a make-ready. With median rents in the area around $850 per month, the property offers strong potential for cash flow. The property is being sold as is.

Amenities

  • Air Conditioning
  • Forced Air
  • Parking Included
LISTING UPDATED: 09/20/2024 11:48 AM

Property Details for 2720 Texas Avenue

StatusActive
MLS #24060032
Days on Market65
Taxes$986 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1914
Lot Size0.07 AC / 3,049 SF
CountySt. Louis Independent City

Building Information for 2720 Texas Avenue

Stories-Residences-Year Built1914Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 2720 Texas Avenue

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Latitude: 38.603737
  • Longitude: -90.22418
  • Neighborhood: Fox Park
  • Postal Code: 63118
  • State Or Province: MO
  • Sub division Name: Daggetts Add
  • Postal Code Plus 4: 1524
Taxes and HOA Information
  • List AOR: St. Charles County Association of REALTORS
  • Prop Asses City Tax: 1
  • Parcel Number: 2070-00-0040-0
  • Tax Annual Amount: $986.00
  • Tax Year: 2023
Owner
  • Township: St. Louis City
  • Owner Name: Nexgen Investors Llc
Parking
  • Attached Garage: No
  • Parking Features: Detached Garage - 1-2 Car
School Information
  • Elementary School: Sigel Elem. Comm. Ed. Center
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Fanning Middle Community Ed.
Property
Lot Information
  • Lot Size Acres: 0.07
  • Lot Size Dimensions: 25x120x25x120
  • Lot Size Source: County Records
  • Lot Size Square Feet: 3049.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 1970.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 3
  • Building Desc: Flat/Shotgun/Ext Ent
  • Photos Count: 13
  • Videos Count: 0
  • Year Built: 1914
  • Disclosures: Unknown,City,Occupancy Perm Req
  • Age: 110
  • Construction Materials: Brick Veneer
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Window Treatment(s)
  • Heat Source: Gas
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 2-Family
Income & Expenses
  • Miscellaneous: Basement,Deck,Fencing,Storage Room Avail
  • Net Operating Income: $1,230.00
  • Operating Expense Includes: Insurance,Water/Sewer,Taxes,Trash,Maintenance Gounds,Maintenance,Manager
  • Total Expenses: 212.00
Unit 1
  • Unit Full Baths: 1
  • Unit Rooms: 3
  • UnitType Beds Total: 1.0
  • Unit Type Description: Walk-through BDRM
Unit 2
  • Unit Full Baths: 1
  • Unit Rooms: 3
  • UnitType Beds Total: 1.0
  • Unit Type Description: Walk-through BDRM
Rental
Rent Information
  • Lease Term: 1 or More Vacant, Leases, Other
  • Tenant Pays: Electricity, Gas

Property History for 2720 Texas Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2720 Texas Avenue

Taxable ValueLand$1,200Additions$10,830Total$12,030
Tax Record2023$986 ($82 / month)
Home Facts
Baths2Total Finished SqFt1,970 SqFtAbove Grade Finished SqFt1,970 SqFtStories2Lot Size3,050 SqFtStyleDuplexYear Built1914ZoningCCountySAINT LOUIS CITYAPN207000-00400

Schools near 2720 Texas Avenue

This home is within St. Louis City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Sigel Elementary Community Ed. Center
PublicPK to 6

Long Middle Community Ed. Center
Public6 to 8

Roosevelt High School
Public9 to 12

Mckinley Classical Leadership Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2720 Texas Avenue is a multi-family home for sale in St. Louis, MO 63118. This property was listed for sale on September 20, 2024 by STL Real Estate Pros, LLC, it's currently listed at $160,000. It has been on the market for a total of 65 days and was last sold on October 31, 2019. This listing's school district is St. Louis City School District. Nearby schools include Sigel Elementary Community Ed. Center, Long Middle Community Ed. Center and Roosevelt High School. 2720 Texas Avenue is a 0-bed, 0-bath, 1,970 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of STL Real Estate Pros, LLC

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.