1. Missouri
  2. Ferguson
  3. 1209 Chambers Road
$890,000

1209 Chambers Road, Ferguson, MO 63135

  • 11,536 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.96acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $77/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
March 23, 2025 at 05:00AM
Listing Office:
Invest St. Louis : 314-3256201
MLS ID:
25017274
  • Appliances: Gas Water Heater
  • Laundry: Common AreaOther
  • A/C: Central AirElectric
  • Heating: Forced AirNatural Gas

This listing courtesy of Invest St. Louis

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Griffith Intermediate School

200 Day Dr, Saint Louis, MO, 63135

Grades 3-5

0.12 miles away

F

Ferguson Middle School

701 January Ave, Saint Louis, MO, 63135

Grades 7-8

1.54 miles away

M

McCluer High School

1896 S Florissant Rd, Florissant, MO, 63031

Grades 9-12

1.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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