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531 Chambers Rd, Ferguson, MO 63135

$85,000
Last sold 05/17/2023 for $78.5K
3
bed
1
bath
1,080
Sqft ($73/Sqft)

House not for sale

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About 531 Chambers Rd

Property type House

Neighborhood

Year built 1951

HOA fee $0/month

Lot size 5,750 Sqft

Movoto estimate

Rental estimate

Property description

GREAT CASH FLOW INVESTMENT OPPORTUNITY! - This recently renovated property is part of a 5 single family home investment package; includes 4 - 3 bed/1bath and 1 - 2bed/1bath, 3 tenant-occupied and 2 vacant (seller can readily acquire tenant or leave vacant based on buyer preference) Fully rented, properties can generate $59,280 in gross annual rent with 11.89% CAP rate (rate includes annual 8% provision for property management and 5% for maintenance) All properties are within a 5-mile radius. All utilities are paid by tenants. All big-ticket items have been replaced or repaired and all appliances were replaced upon purchase in 2021. For complete details on this package, please see brochure located in the supplements. Included properties are as follows: 23008310 (11900 Lavida Ave), 23008316 (1241 Laredo Ave), 23008317 (10809 Spring Garden Dr), 23008318 (9709 Dennis Dr)

Listed by

Listing Agent - Sharlotte J Luna

Listing Office - Keller Williams Chesterfield

Source: MARIS

MLS#23008319 • last updated 3 years ago

Movoto checked MARIS for data 28 minutes ago

Overview
Cooling/AC	Electric
Heating	Forced Air
Levels/Style	One, Traditional
MLS #	23008319
SubType	Residential
Living Area (SqFt)	1080
Lot Size (SqFt)	5750
Property Tax	1178
Year Built	1951

Interior
Total # of Bathrooms	1
# of Full Baths	1
Total # of Bedrooms	3
Basement	Full
Appliances	Gas Oven, Refrigerator
Fireplace	None

Exterior
Parking	Off Street
Lot Features	Partial Fencing

Amenities / Utilities
Sewer/Septic	Public Sewer
Water Source	Public

Location
Area	McCluer
County	St Louis
Subdivision	Ferguson Park
Elementary School	Lee Hamilton Elem.
Middle School	Ferguson Middle
High School District	Ferguson-Florissant R-II
High School	Mccluer High
APN	11H-23-0531

Lot/ Land Details
Driveway	Asphalt

$85K

Range: $71.4K-$98.6K

Last 30 days

Rental est.: $1,284/month

• Gross rent multiplier: 5.1 - Great

May 2023
MLS # 23008319
May 18, 2023 Pending
—
Feb 21, 2023 Listed
$73,700 (+375.5%)

531 Chambers Rd
$78.5K
Mccluer
—
63135
$104K -12% y/y
Ferguson
$115K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
561 Chambers Rd, Ferguson, MO 63135	$77,000	2/1	1,026	0.01
535 Chambers Rd, Ferguson, MO 63135	$111,000	2/1	1,420	0.01
527 Chambers Rd, Ferguson, MO 63135	$104,000	3/1	864	0.02
517 Chambers Rd, Ferguson, MO 63135	$111,000	5/2	1,151	0.03
215 Millman Dr, Saint Louis, MO 63135	$102,000	4/1	1,201	0.03
532 Royal Ave, Saint Louis, MO 63135	$67,000	3/1	875	0.03
528 Royal Ave, Saint Louis, MO 63135	$106,000	3/1	875	0.04
515 Chambers Rd, Ferguson, MO 63135	$77,000	3/1	1,043	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.