1209 Chambers Rd
Ferguson, MO 63135
-- Bed-- Bath11,536 Sq Ft78 Days on Market
For Sale $890,000
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Courtesy of Invest St. Louis
Listing Agent & Comments
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.
MLS# MIS25017274 • Data provided by MARIS as distributed by MLS Grid
Living Area | 11,536 Sq.Ft. |
---|---|
Lot Size | 1.0 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1960 |
Property Type | Multifamily |
Zoning | R-1C |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $8,939 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
This property is missing data for:
Comparable properties, crime reports, forecast, and rental estimate
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HouseCanary, Inc. Brokerage
1209 Chambers Rd., Ferguson, MO 63135
Multifamily-- Bed-- Bath11,536 Sq Ft78 Days on Market
Listing Agent & Comments
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.
MLS# MIS25017274 • Data provided by MARIS as distributed by MLS Grid
Living Area | 11,536 Sq.Ft. |
---|---|
Lot Size | 1.0 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1960 |
Property Type | Multifamily |
Zoning | R-1C |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $8,939 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
This property is missing data for:
Comparable properties, crime reports, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $890,000
Save
Courtesy of Invest St. Louis
1209 Chambers Rd
Ferguson, MO 63135
-- Bed-- Bath11,536 Sq Ft78 Days on Market
Listing Agent & Comments
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.
MLS# MIS25017274 • Data provided by MARIS as distributed by MLS Grid
Living Area | 11,536 Sq.Ft. |
---|---|
Lot Size | 1.0 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1960 |
Property Type | Multifamily |
Zoning | R-1C |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $8,939 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
This property is missing data for:
Comparable properties, crime reports, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $890,000
Save
Courtesy of Invest St. Louis