NOT LISTED FOR SALE

340 San Juan Dr Saint Charles, MO 63303

-- Bed
-- Bath
-- Sq Ft
10,716 Sq Ft Lot

Last Sold October 07, 2016

38 Days on Market

Highlights

  • Storage Room
  • Laundry Facilities
  • 4-minute walk to Bangert Island Park Trail Wildlife
  • Lincoln Elementary School Rated A

About This Home

As of October 2016

Opportunity to purchase three 4 families that sit side by side on a quiet dead end street in St. Charles at 308, 324, 340 San Juan Dr. Each of the buildings have been totally renovated and have 2 bedroom units that rent from $800-$850 a month with a gross monthly income of $9,850 and $119,400 annually. Expenses are $15,151 annually and with vacancy taken into account the net profit is $97,109 which is a 8.8% cap rate. Renovation included all new updated kitchens with appliances, new updated baths in each unit, refinished hardwood floors, new roofs, new siding, new gutters and downspouts, new windows, new doors, privacy fence, new lighting, hardware, paint, etc. All units have secure storage. Buildings are located just one block from a new development in St. Charles that has new restaurants, shops, movie theater and apartments. Two bedroom apartments in the new development rent for $1,660-$2,050 a month. Buildings are being sold as a package but could be financed individually.

Last Agent to Sell the Property

Jordan Schoen

Invest St. Louis License #2009024331 Listed on: 08/15/2016

Last Buyer's Agent

Eric Nickish

Equity Missouri LLC License #2010039523

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 10,716 Sq Ft Lot
  • Lot Dimensions are 71x164x75x148

Home Design

  • Updated or Remodeled

Interior Spaces

  • Storage Room
  • Basement

Parking

  • Additional Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, water

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Cross Street: South 5th St
  • Municipality Township: St. Charles
  • Special Description: Rehabbed, Renovated
  • Age: 50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Misc Features: Basement, Laundry Facl-Commty, Storage Room Avail

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred, Vinyl Siding

Garage/Parking

  • Parking: Additional Parking, Off Street

Utilities

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

Schools

  • School District: St. Charles R-VI
  • Elementary School: Blackhurst Elementary
  • Middle School: Jefferson / Hardin
  • High School: St. Charles High

Lot Info

  • Lot Dimensions: 71x164x75x148
  • Lot Sq Ft: 10716

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Water

Multi Family

  • Gross Operating Income: 119400.00
  • Units: 1
  • Total Expenses: 15151.00

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 List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold -- -- --
08/15/2016 08/15/16 For Sale $1,100,000 -- --
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: MIS16057881

MARIS MLS