711 Decatur ST, St Charles, MO 63301 – 25028942

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Nancho Rodriguez

nancho@stlhometown.com +1(314) 297-6494

$420,000

Est. payment - /mo

2,415 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Pending

Purchase Type For Sale

Square Footage 2,415 sqft

Price per Sqft $173

Subdivision City/St Charles

MLS Listing ID 25028942

Year Built 1930

Lot Size 5,279 Sqft

Acres 0.1212

Lot Dimensions 39x133

Property Sub-Type 5 Family or More

Property Description

Rare opportunity to acquire an updated 7-family property with a 2-car garage in St. Charles. The main building includes five units, while two additional units are located in a separate building at the rear of the property. Tenants enjoy access to a fenced backyard and a covered front porch. The main building offers approximately 2,415 sq ft of living space, with an estimated 1,100 sq ft in the rear building, totaling roughly 3,515 sq ft. Currently, six units are occupied. Once fully leased—including the seventh unit and the second garage space (which rents for $50/month)—the property is projected to generate $4,335 per month in gross rental income. There is solid potential for rent increases. The average rent for studio apartments within a 10-mile radius over the past year is $1,207, while one-bedroom units within a 3-mile radius averaged $1,309. Over the past 12 months, the property generated $47,531 in income, with operating expenses totaling $20,540.

Location

State MO

County St. Charles

Area 403 - St. Charles

Interior

Heating Other

Cooling Wall Unit(s)

Fireplace N

Appliance Other

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Architectural Style Low/1-2

Structure Type Brick,Other

Schools

Elementary Schools Blackhurst Elementary

Middle Schools Jefferson / Hardin

High Schools St. Charles High

School District St. Charles R-Vi

Others

Ownership Private

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Standard

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Listed by Jordan Schoen • Invest St. Louis

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Nancho Rodriguez

+1(314) 297-6494

Agent | License ID: 2018006602

Agent License ID: 2018006602

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711 Decatur ST St Charles, MO 63301

Nancho Rodriguez

Key Details

Location

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Exterior

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