NOT LISTED FOR SALE

7401 Olian Dr Hazelwood, MO 63042

-- Bed
8 Baths
3,484 Sq Ft
10,206 Sq Ft Lot

Last Sold April 13, 2023

30 Days on Market

About This Home

As of April 2023

This turnkey building is a breeze to rent! Each unit features a LR, DR, 2-beds, 1-bath. Three units have been updated, including kitchens, bathrooms, appliances, cabinets, new & resurfaced floors, some furnaces. Flooring is hardwood, wood laminate, some carpet, tile in the bathrooms/kitchens. Partially updated stacks, some newer water heaters, some newer furnaces. Storage units, laundry hookups, and two reserved parking spots per unit. Electric panels are Federal Pacific. Tenants pay electric and gas. Owner pays sewer, water, trash, lawn/snow, and maintenance. With current income/expenses, this is a 7.11% cap rate at asking price. Manage yourself or factor in a management fee for convenience. Rentometer indicates plenty of room to grow rents. It appears taxes are higher than some neighbors; it may be worth appealing the taxes to improve overall financial performance. Fully occupied. Also available with two other 4-families as a package under MLS#23011906.

Last Agent to Sell the Property

Tammy Derrigan

Worth Clark Realty License #2016008170 Listed on: 03/12/2023

Worth Clark Realty

Last Buyer's Agent

Dustin Walsh

Realty Executives Premiere License #2012006933

Realty Executives Premiere

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 10,206 Sq Ft Lot
  • Lot Dimensions are 81x126

Home Design

  • 3,484 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Laundry

  • Laundry in unit

Parking

  • Over 1 Space Per Unit
  • Off-Street Parking

Schools

  • Mcnair Elem. Elementary School
  • Northwest Middle School
  • Hazelwood West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Propane Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 09K-43-0558

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Burcke
  • Municipality Township: Hazelwood
  • Age: 61
  • Ownership: Private
  • Year Built: 1962
  • Directions: GPS friendly. Located in Hazelwood near City Hall in a quiet area with families and hardworking professionals. Nearby employers include Boeing, Monsanto, Lambert International Airport, Mallinckrodt, and bioMerieux.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facl-Private
  • Square Footage: 3484

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: More Than 1 Spc/Unit, Off Street

Utilities

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

Schools

  • School District: Hazelwood
  • Elementary School: Mcnair Elem.
  • Middle School: Northwest Middle
  • High School: Hazelwood West High
  • Elementary School: Mcnair Elem.
  • Junior High School: Northwest Middle
  • School District: Hazelwood
  • Senior High School: Hazelwood West High

Lot Info

  • Lot Dimensions: 81x126
  • Lot Sq Ft: 10206
  • Acres: 0.2343

Rental Info

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

Multi Family

  • Gross Operating Income: 34560.00
  • Units: 4
  • Total Expenses: 12018.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 4314
  • Assessor Parcel Number: 09K-43-0558

Range of Values:

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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
04/13/2023 04/13/23 Sold -- -- --
03/12/2023 03/12/23 For Sale $317,000 -- $91 / 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: MIS23011914

MARIS MLS

APN: 09K-4-3-055-8