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1209 Chambers Road, Ferguson, MO 63135

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For Sale

$890,000

11,536 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $77.15
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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# 25017274

Courtesy Of Invest St. Louis

(314) 325-6201

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.96 Acres

Map and Directions

Directions to 1209 Chambers Road, Ferguson, MO 63135
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Home seller CENTURY 21 CopperKey Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CopperKey Realty

(636) 317-1120
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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