MO > St Louis > Hornsby Addition
St Louis, MO 63147,8440 N Broadway N
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St Louis, MO 63147,8440 N Broadway N
St Louis, MO 63147,8440 N Broadway N
St Louis, MO 63147,8440 N Broadway N
St Louis, MO 63147,8440 N Broadway N
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Scott Schardan

Scott Schardan

+1(217) 473-0893
$ 750,000
Est. payment /mo
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8440 N Broadway N St Louis, MO 63147

9,632 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,632 sqft

Price per Sqft $77

Subdivision Hornsby Addition

MLS Listing ID MIS25016792

Year Built 1964

Lot Size 0.557 Acres

Acres 0.5568

Lot Dimensions 201X121

Property Description

All 18 units in 2 buildings occupied, generating excellent cashflow - 2024 NOI was $122,133. Plus, there is an opportunity to make this 18-unit into a 24-unit! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in LL to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated. Contractor bids for ~ $450,000 to add storage lockers & 2 coin laundry rooms (in each building) in LL to increase cashflow, completely remodel units [this part could easily be deferred], update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in LL. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer.

Location

State MO

County St Louis City

Area 5 - North

Interior

Heating Forced Air, Electric

Cooling Central Air, Electric, Window Unit(s)

Fireplace N

Appliance Electric Water Heater

Laundry Common Area, Washer Hookup

Exterior

Exterior Feature Balcony

Parking Features false

Building

Sewer Public Sewer

Water Public

Architectural Style Low/1-2

Structure Type Brick,Brick Veneer,Stone Veneer

Schools

Elementary Schools Herzog Elem.

Middle Schools Yeatman-Liddell Middle School

High Schools Vashon High

School District St. Louis City

Others

Ownership Private

Special Listing Condition Standard

Listed by Worth Clark Realty
agent

Scott Schardan

Agent | License ID: 475.209411

+1(217) 473-0893

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8440 N Broadway N

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