Home for Sale: 9640 Diamond, St Louis, MO 63137

46,442 sqft
$2,225,000
$2,225,000
9640 Diamond, St Louis, MO 63137
46,442 sqft
$2,225,000
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Walk Score
17
Price:
$2,225,000
Est. payment:

Type: Multi-Family
Square Feet: 46,442 sqft
Lot Size: 1.44 acres
Year Built: 1976
Assoc Fee Paid: None
Taxes Paid: $43,769

Area: St Louis
County: St Louis
School District: Riverview Gardens
Subdivision: Riverview Gardens

MLS: 19067306
Status: Active
Opportunity to purchase a large well maintained 86 unit apt complex located on secluded 1.5-acre lot overlooking the Mississippi River. This 46,442 sq ft complex is comprised of 68 one-bed units, 17 two-bed units & one efficiency unit. The total gross inc for 2018 was $400,928 with net operating inc of $205,823 which is a 9% cap rate with the ability to raise rents and add value. 81 units were recently renovated and there have been significant recent capital improvements totaling $233k over the last few years including new HVAC, appliances, a new roof on the 20 unit building, porches, railings and staircases were replaced along with plumbing stacks, tuckpointing and a retaining wall. On-site management office, on-site laundry, large maintenance storage space, camera monitoring system. All-electric complex. 78 of the 86 units are rented, a 91% occupancy rate. Rare opportunity to purchase large profitable multi-fam complex with growth potential. Property mang co interested to stay on.

Lot & Building Features

Assoc Fee Paid: None
Construction: Brick/Stone Msn Pred
Cooling: Central-Electric
Heat Source: Electric
Heating: Baseboard, Individual Furnaces, Electronic Air Fltrs
Parking Description: On Street Parking, Parking Lot
Sewer: Public
Tax ID: 12E-61-0302
Tax Year: 2018
Taxes Paid: $43,769
Water: Public
Water Heater: Electric
Lot Dimensions: 125x60x292x51x74x560x192 ft

Community and Schools

Elementary School: Highland Elem.
Junior High School: R. G. Central Middle
Senior High School: Riverview Gardens Sr. High

Price History of 9640 Diamond, St Louis, MO

Date Name Price Difference
09/05/2019 Listing Price $2,225,000 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 9640 Diamond, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Pam Schroeder
Real Estate Broker
Direct: 314-575-2255
Office
5208 Highway N, Ste. 101
St. Charles, MO 63304
314-529-8225
Listed by Invest St. Louis, Jordan Schoen
Home Price Interest Rate:
%
Loan Years: Percent Down
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Monthly Taxes:
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Est. Monthly Payment
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Monthly Taxes
Homeowners Ins
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9640 Diamond (MLS #19067306) is a multi-family listing located in St Louis, MO. This multi-family listing is 46,442 sqft and on a lot of 62,901 sqft (or 1.44 acres) and is 43 years old. This property was listed on 09/05/2019 and has been priced for sale at $2,225,000.

Nearby zip codes are 63033, 63120, 63136, 63138 and 63147. This property neighbors other cities such as Bellefontaine Nghbrs, Florissant, Hazelwood, Jennings and Moline Acres.

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 not provided by .

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

Listing information courtesy of: Invest St. Louis

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange