MO > Ferguson > Chambers Forest
Ferguson, MO 63135,1209 Chambers RD
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Ferguson, MO 63135,1209 Chambers RD
Ferguson, MO 63135,1209 Chambers RD
Ferguson, MO 63135,1209 Chambers RD
Ferguson, MO 63135,1209 Chambers RD
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David Cisler

David Cisler

+1(618) 781-1745
$ 890,000
Est. payment /mo
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1209 Chambers RD Ferguson, MO 63135

11,536 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 11,536 sqft

Price per Sqft $77

Subdivision Chambers Forest

MLS Listing ID MIS25017274

Year Built 1960

Lot Size 0.960 Acres

Acres 0.96

Lot Dimensions 98x411x98x413

Property Sub-Type 5 Family or More

Property Description

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.

Location

State MO

County St. Louis

Area 63 - Mccluer

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Fireplace N

Appliance Gas Water Heater

Laundry Common Area, Other

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Architectural Style Low/1-2

Structure Type Brick

Schools

Elementary Schools Griffith Elem.

Middle Schools Ferguson Middle

High Schools Mccluer High

School District Ferguson-Florissant R-Ii

Others

Ownership Private

Special Listing Condition Standard

Listed by Invest St. Louis
agent

David Cisler

Managing Broker / Appraiser | License ID: 471.003145

+1(618) 781-1745

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1209 Chambers RD

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