NOT LISTED FOR SALE

25 Nordell Ct Florissant, MO 63033

11 Beds
1 Bath
8,708 Sq Ft
0.97 Acres

Last Sold August 01, 2022

55 Days on Market

Highlights

  • 0.97 Acre Lot
  • Forced Air Heating and Cooling System
  • Coin Laundry
  • Brick or Stone Mason

About This Home

As of August 2022

12 unit apartment complex located in a quiet residential neighborhood in the Hazelwood School District with mostly single family homes. Built in 1960 with 12 Ranch style units with the ability to build out a 13th unit which is currently a shell. There are currently 11 one bedrooms and 1 efficiency. Sale includes two lots, 25 Nordell Ct, the main lot with the apartment complex which is .97 acres and there is also 20 Nordell Ct, a .47 acre buildable residential lot totalling almost 1.5 acres. Complex features laundry facility with coin operated laundry and storage units for tenants. 1 Bedroom rents for as much as $700 which provides an opportunity to raise rents. If fully rented with rents of $700 for the 1 beds, $600 for the efficiency and the potential future unit rented for $700 the building would generate $9,000 a month. Low maintenance building with a number of long term tenants. Easy to rent and has been at 97% occupancy. Plenty of off street parking.

Last Agent to Sell the Property

Jordan Schoen

Invest St. Louis License #2009024331 Listed on: 06/06/2022

Last Buyer's Agent

Holly Gerchen

Epique Realty License #2012008377

Epique Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 245x201x59x125x14x188

Parking

  • Parking Lot

Home Design

  • 8,708 Sq Ft Home
  • Brick or Stone Mason

Location

  • Suburban Location

Schools

  • Jury Elem. Elementary School
  • Central Middle School
  • Hazelwood Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 08G-51-0171

Community Details

Overview

  • 12 Units
  • Low-Rise Condominium

Amenities

  • Coin Laundry

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Exterior En
  • Municipality Township: Black Jack
  • Age: 62
  • Ownership: Private
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Coin Operated, Common Laundry
  • Square Footage: 8708

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Hazelwood
  • Elementary School: Jury Elem.
  • Middle School: Central Middle
  • High School: Hazelwood Central High
  • Elementary School: Jury Elem.
  • Junior High School: Central Middle
  • School District: Hazelwood
  • Senior High School: Hazelwood Central High

Lot Info

  • Lot Dimensions: 245x201x59x125x14x188
  • Lot Sq Ft: 42253
  • Location: Suburban
  • Acres: 0.9700

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Building Info: Smoke/Alarm Detector
  • Building Number: 1
  • Gross Operating Income: 78454.00
  • Total Units: 12
  • Total Expenses: 23908.00

Tax Info

  • Taxes Paid: 6089
  • Assessor Parcel Number: 08G-51-0171

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold -- -- --
08/01/2022 08/01/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $739,000 +47.8% $85 / Sq Ft
02/05/2019 02/05/19 Sold -- -- --
01/10/2019 01/10/19 Pending -- -- --
12/21/2018 12/21/18 For Sale $500,000 +85.9% $57 / Sq Ft
02/17/2017 02/17/17 Sold -- -- --
02/14/2017 02/14/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $269,000 -- $31 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22036533

MARIS MLS

APN: 08G-5-1-017-1