Single Family for Sale: 6947 Midwood Avenue, Hazelwood, MO 63042 SOLD
38 beds
13 full baths
11,319 sqft
$795,000
$795,000
6947 Midwood Avenue,
Hazelwood, MO 63042 SOLD
38 beds
13 full baths
11,319 sqft
$795,000
Previous Photo
Next Photo
Click on photo to open Slide Show.
Selling Price: $795,000
Original List Price: $1,195,000
Sold at 66.5% of list price
Sold Date: 11/14/2024
Type Single Family
Style 1 Story
Architecture Traditional
Beds 38
Total Baths 13 full baths
Square Footage 11,319 sqft
Garage Spaces 3
Lot Size 2.17 acres
Year Built 1954
Taxes Paid $15,397
City Hazelwood
Area Mc Cluer
County St Louis
Subdivision Frostwood 6
MLS 24062040
Status Closed
DOM 47 days
Rare opportunity to acquire 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 $180k 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. Duplicate 24062247
Room Features
Main Level Full Baths 13
Basement Description Full
Dining Description Dining/Living Rm Cmb, Kitchen/Dining Combo
Lot & Building Features
Appliances Dishwasher, Refrigerator, Range Hood, Microwave, Gas Oven
Architecture Traditional
Construction Brk/Stn Veneer Frnt, Vinyl Siding
Cooling Gas
Heat Source Gas
Heating Forced Air
Interior Decor Carpets, Walk-in Closet(s), Some Wood Floors
Parking Description Covered, Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 100x100 ft
Fireplace Locations None
Community and Schools
Junior High School Ferguson Middle
Senior High School Mccluer High
Price History of 6947 Midwood Avenue, Hazelwood, MO
| Date | Name | Price | Difference |
|---|---|---|---|
| 10/02/2024 | Listing Price | $795,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Invest St. Louis, Jordan Schoen & Matt Guignon
Sold by MORE, REALTORS, Ted Gottlieb
Browse By Area
 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 Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |