7412-7418 Olian Dr, Hazelwood, MO 63042
- $1,900,000
- List Price
- $1,900,000
- Days on Market
- 153
- MLS#
- 26009021
- Status
- ACTIVE
- Lot Size
- 5,662
- Acres
- 0.13
- Year Built
- 1959
- Subdivision
- Elm Grove Lane 1
- Municipality
- Hazelwood
- County
- St. Louis
- Listing Type
- Multifamily
Property Description
Stabilized Turn Key 20-Unit Multifamily Investment in Sought-After Hazelwood! Exceptional opportunity to own a stabilized 20-unit apartment building in the highly desirable Hazelwood School District. This well-performing property features a strong mix of 8 one-bedroom units and 12 two-bedroom units, offering both diversity and consistent tenant demand. Units are spacious and updated, with many featuring remodeled kitchens some with granite countertops, updated baths, hardwood or vinyl plank flooring, and stainless steel appliances in select units, mostly updated HVAC systems, water heaters and sewer line replacement. Tenants enjoy the convenience of ample off-street parking, plus access to coin-operated and tenant-owned laundry facilities located in the basements of the buildings. Positioned in a solid rental market with great access to highways, shopping, and major employment hubs, this property is ideal for investors looking for immediate cash flow with long-term growth potential. Tenants pay rent plus utility reimbursements monthly. Well-maintained & professionally managed. Don't miss this chance to add a strong, income-producing asset to your portfolio in one of the most desirable rental markets. PLEASE do not disturb tenants.
Additional Information
- School District
- Hazelwood
- Elementary School
- Mcnair Elem.
- Jr. High School
- Northwest Middle
- Sr. High School
- Hazelwood West High
- Parking Description
- Additional Parking, Off Street, Parking Lot
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- Cash, Conventional, Private
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Listing courtesy of Realty Executives of St. Louis.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
