414-416 S Cadillac DR, St Charles, MO 63301
414-416 S Cadillac DR, St Charles, MO 63301
414-416 S Cadillac DR, St Charles, MO 63301
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$300,000
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1,440 SqFt
Active Under Contract

414-416 S Cadillac DR St Charles, MO 63301

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Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $208

Subdivision Pasedena Gardens #3

MLS Listing ID 26060416

Style Apartment Style,Contemporary

Year Built 1960

Annual Tax Amount $1,902

Lot Size 0.330 Acres

Acres 0.3297

Property Sub-Type 2-4 Units

Property Description

Desirable investment opportunity in St. Charles! This fully occupied duplex features two 2-bedroom, 1-bath units, both currently rented and producing income. With tenants already in place, an investor can step into an established rental property without the immediate expense and downtime of locating new tenants.
Each unit offers a practical 2-bedroom practical floor plan, providing a desirable setup for long-term rental use. These units have partially finished basements for added living space. Tenants are responsible for all utilities as well as lawn care, helping keep owner-paid operating expenses and property maintenance responsibilities to a minimum.
Conveniently located in an established St. Charles neighborhood with easy access to shopping, dining, employment centers, McNair Park, and major roadways. This is an excellent opportunity to expand an existing rental portfolio or get started with a multifamily investment in St. Charles. Both sides were painted within the past year. 414 side had kitchen cabinets refaced this year.

Location

State MO

County St. Charles

Area 403 - St. Charles

Rooms

Basement 8 ft + Pour, Unfinished

Interior

Heating Gas

Cooling Central Air

Flooring Hardwood

Fireplace N

Appliance Gas Range, Free-Standing Refrigerator

Exterior

Parking Features false

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Private Pool false

Building

Story 1

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Blackhurst Elementary

Middle Schools Jefferson / Hardin

High Schools St. Charles High

School District St. Charles R-Vi

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard


Listed by Evelyn Sharp-Heitert • The Hermann London Group LLC

NEARBY SCHOOL & BUSINESS

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Danielle Jordan

Danielle Jordan

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+1(573) 308-5933

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414-416 S Cadillac DR