Ignite FB Tracking Pixel6947 Midwood Avenue, Hazelwood, MO 63042 - Terri Jeoffroy
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listing
1 of 12
CommercialFor Sale
$1,195,000
6947 Midwood Avenue
Hazelwood, MO 63042
Courtesy of Invest St. Louis
MLS: Mid America Regional MLS (MARIS)
Est. Mortgage
$6,268/mo

Rare opportunity to acquire a portfolio of 12 single-family homes providing an excellent blend of stability, income, and future upside potential. Each home features a minimum of 3 bedrooms and 1 bathroom, with one home 5 bedrooms and 2 bathrooms. 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one. The current owners have invested approximately $180,000 into capital improvements and updates since 2022. A savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar. Significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. This presents a compelling value-add opportunity for investors looking to optimize returns. Seller will be reviewing offers October 8th at 12:00pm. Please include a response time of October 9th at 12:00pm.

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Information courtesy of Invest St. Louis is subject to verification and is not guaranteed.
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