Multi-Family for Sale: 7443 Hazelcrest Drive #H, Hazelwood, MO 63042

5,194 sqft
$455,000
$455,000
7443 Hazelcrest Drive #H, Hazelwood, MO 63042
5,194 sqft
$455,000
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Price:
$455,000

Type Multi-Family
Square Footage 5,194 sqft
Lot Size 38.23 acres
Year Built 1966
Assoc Fee $1,519
Assoc Fee Paid Monthly
Taxes Paid $4,396

City Hazelwood
County St Louis
School District Hazelwood
Subdivision Hazelwood Condo

MLS 24058094
Status Active
DOM 99 days
Portfolio includes seven well-maintained condos across five buildings. The mix features 3 studios, 1 one-bedroom, 2 two-bedroom, and 1 three-bedroom units. The monthly rental income will be $6,125 ($73,500 annually) with expenses at $27,570, resulting in $45,930 net income once 7596 A is rehabbed and leased. At the new price, this investment meets the 1.2 DSCR ratio with 20% down and a 7.5% interest rate. There’s potential for higher income as rents are below market. Exterior maintenance, landscaping, and parking are handled by the condo association. Amenities include off-street parking and laundry options. The all-electric units ensure affordable utility costs, with water, trash, and gas included. Additionally, the hassle-free property management provided by the condo association allows for minimal owner oversight, making it an ideal investment opportunity. This portfolio benefits from proximity to major employers like Amazon and Boeing, making it a desirable location for tenants.

Lot & Building Features

Assoc Fee $1,519
Assoc Fee Paid Monthly
Construction Brick
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Accessible Parking, Space/Unit - 1, Parking Lot
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 100x100 ft

Community and Schools

Elementary School Cold Water Elem.
Junior High School Central Middle
Senior High School Hazelwood West High

Price History of 7443 Hazelcrest Drive, Hazelwood, MO

Date Name Price Difference
09/12/2024 Listing Price $455,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7443 Hazelcrest Drive, Hazelwood, MO

Location Map Street View
Photo of TJ McQueen
TJ McQueen
tmcqueen1
Direct: 636-262-8552
Office
920-B North Commercial
Saint Clair, MO 63077
636-629-9800
Listed by Invest St. Louis, Matt Guignon & Jordan Schoen
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20%
0.96615384615385%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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7443 Hazelcrest Drive (MLS #24058094) is a multi-family listing located in Hazelwood, MO. This multi-family listing is 5,194 sqft and on a lot of 1,665,299 sqft (or 38.23 acres) and is 58 years old. This property was listed on 09/12/2024 and has been priced for sale at $455,000.

Nearby zip codes are 63031, 63033, 63134, 63135 and 63140. This property neighbors other cities such as Berkeley, Calverton Park, Ferguson, Florissant and St Louis.

Maris

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 provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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

Listing information courtesy of: Invest St. Louis

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