MO > Ferguson > Chambers Forest
Ferguson, MO 63135,1209 Chambers RD
Ferguson, MO 63135,1209 Chambers RD
Ferguson, MO 63135,1209 Chambers RD
Additional details
Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125
$890,000
Est. payment /mo
11,536 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 11,536 sqft

Price per Sqft $77

Subdivision Chambers Forest

MLS Listing ID 25017274

Construction Status 65

Year Built 1960

Building Age 65

Lot Size 0.960 Acres

Acres 0.96

Lot Dimensions 98x411x98x413

Property Sub-Type Multi-Family 5+

Property Description

This property has a total of 11,536 sq. ft. across three buildings. There is opportunity to significantly enhance property value and cash flow by increasing below-market rents to align with current market rates, coupled with optimizing property management efficiencies for improved operational performance. There is the added potential to reduce or entirely eliminate utility expenses by billing tenants for their usage. All 2-bedroom, 1-bathroom of the units have been recently updated. Significant improvements include a roof less than 5 years old and a newly redone parking lot within the past 2 years. Safety is a priority, with onsite cameras located at the complex. The property includes seven basements with 2 apartments sharing one basement. There are 14 washer and dryer hookups (no machines currently in place). The current rents total $8,965/month, with potential for increases. The nearby 2202 Hord, 63136 recently sold for $60,000 per unit, with each unit rented at $605/month.

Location

State MO

County St Louis

Area Mccluer

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Laundry Common Laundry, Other

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 65

Schools

Elementary Schools Griffith Elem.

Middle Schools Ferguson Middle

High Schools Mccluer High

School District Ferguson-Florissant R-Ii

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Other

Listing Terms Cash Only, Conventional, Other

Special Listing Condition Other, None

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Listed by Jordan Schoen • Invest St. Louis

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agent

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

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