7427 South Broadway
$420,000
—
14,247
14,247
$29
Description
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 &...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.
- Listed by Tammy Derrigan • Worth Clark Realty
Property Details for 7427 South Broadway
Cross Street
Koeln
LISTING UPDATED: 11/15/2024 12:23 PM
Property Details for 7427 South Broadway
Status | Active |
---|---|
MLS # | 24069123 |
Days on Market | 13 |
Taxes | $2,002 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi-Family 5+ |
Year Built | 1896 |
Lot Size | 0.13 AC / 5,767 SF |
County | St. Louis Independent City |
Building Information for 7427 South Broadway
Stories-Residences10Year Built1896Building Size-Lot Size0.13 AC / 5,767 SF
Property Information for 7427 South Broadway
Property History for 7427 South Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 7427 South Broadway
This home is within St. Louis City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 11 to 12 |
Rating | School | Distance |
---|---|---|
Woerner Elementary School PublicPK to 5 | ||
Lyon At Blow Elementary School PublicPK to 8 | ||
Roosevelt High School Public9 to 12 | ||
Carnahan School Of The Future Public11 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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