Multi-Family for Sale: 7 Village West #101, 102, 201, 202, 301, 302, Washington, MO 63090 SOLD

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7 Village West #101, 102, 201, 202, 301, 302, Washington, MO 63090 SOLD
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Original List Price: $459,000
Sold Date: 10/29/2024

Type Multi-Family
Lot Size 0.47 acres
Year Built 1986
Assoc Fee $800
Assoc Fee Paid Monthly
Taxes Paid $2,035

City Washington
Area Washington School
County Franklin
Subdivision Village West Condos

MLS 24055283
Status Closed
OPPORTUNITY IS KNOCKING! Purchase an updated 6-family apartment building in the desirable downtown Washington, MO area. This building is in great shape, featuring an entire brick front/vinyl exterior & 4 units having nice decks off the back. All units share a similar layout featuring 4 - 2 Beds, 1 Bath, & 2 - 3 Beds, 1 Bath +/- 1,080SF, 2 units renovated & some updates of the kitchen, floors & paint over time. Well maintained Building, w/sound systems, and HOA continued maintenance. The property is currently fully rented & the cash flow is strong - market rents are $975 for 2 bedroom & $1050 for 3 bedroom. Easy to find good tenants and keep rented. The new owner will take on a strong income-producing building from day one, with room to grow on monthly income. Affordable housing is in high demand, meaning this building is easy to rent! High occupancy and low maintenance make this property a winning deal! Priced well below recent multi-fam bldg sale nearby. Please do not disturb tenants

Lot & Building Features

Assoc Fee $800
Assoc Fee Paid Monthly
Construction Brk/Stn Veneer Frnt, Vinyl Siding
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot, Unassigned, Space/Unit - 1
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 00x00 ft

Community and Schools

Junior High School Washington Middle
Senior High School Washington High

Map of 7 Village West, Washington, MO

Location Map Street View
Photo of The Colburn Team
Direct: 314-761-3450
Office
950 Caledonia Dr.
O'Fallon, MO 63368
636-720-1100
Listed by ELS Real Estate Group, LLC, Jacob Stallmann
Sold by ELS Real Estate Group, LLC, Jacob Stallmann
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6.75%
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Maris

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: ELS Real Estate Group

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