bedrooms
0
bathrooms
0
square feet
0
Acreage
0.1791
Open Houses
-
year built
1949
Full Baths
0
Half Baths
0
8950 Natural Bridge (duplex), 8954 Natural Bridge (3 units) and 8958 Natural Bridge (6 units + storage unit) are being sold together. Currently this property brings in $7,580/month. $840/month is the Section 8 Fair Market rent for studios and 1beds in this zip code. If all rents were brought to the Fair Market rent for the area, this property would be bringing in $9,500/month. The taxes for all 3 buildings is a total of $12,136. The seller's annual insurance premium is $8,400. The utilities average around $1500/month which comes out to $18,000 annually. If you bring all units to Market Rate rent and account for 5% vacancy, the Proforma NOI is $69,794 which would be over a 11% cap rate at a $625,000 purchase price. All units are occupied, please do not disturb tenants. Units can only be viewed with an accepted contract.
Location | |
Subdivision | Ramona Heights |
County | St Louis |
Elementary School | Barack Obama Elementary School |
Middle School | Normandy Middle |
High School | Normandy High |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25005497
Listing agent:
Anthony Klier
#2022012991
Listing broker:
The Agency
(314) 280-9996
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, February 21 2025 at 12:51 p.m. EST
Kotohomes National
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