$3,995,000
6267 Hanley Road
Berkeley, MO 63134 · MLS#: 26062626
Listing brokerage: The Hermann London Group LLC · 314-802-0797 · Agent: Nidhi Soni
About this home
A rare chance to acquire an entire 16-building duplex community on Jo Court in Berkeley. The 32 two bedroom, one bath homes pair the familiar feel of individual residences with the scale of a multifamily investment. All 16 buildings underwent documented roof restoration in 2024, including new decking, architectural shingles and weather protection. The supplied rent schedule shows all 32 homes leased, with residents paying electric, gas, water and sewer. At the $3,995,000 offering price, the owner's stated $317,266 net operating income implies an approximately 7.94% cap rate, subject to a buyer's review of leases and expenses.
Property details
- County
- St. Louis
- Subdivision
- Jo Court
- Lot size
- 2.79 acres
- Days on market
- 0
- Annual taxes
- $29,606
- Heating
- Forced Air, Natural Gas
- Cooling
- Ceiling Fan(s), Central Air, Electric
- Appliances
- Dishwasher, Disposal, Free-Standing Electric Range, Refrigerator, Washer/Dryer, Water Heater
- Flooring
- Carpet, Ceramic Tile, Laminate, Wood
Location
Listing courtesy of The Hermann London Group LLC · MLS#: 26062626. Data provided by MARIS MLS; deemed reliable but not guaranteed.