Rock Island Realty

Low/1-2

2401 Sims Avenue

St Louis, MO 63114

MLS#: 15027371

$974,500

Status: Closed
Listing number: 15027371
Listing provided by: Keller Williams Realty St. Louis
Listing agent phone: None
Last update: N/A
On site: N/A
Browse Properties
Midland Vly Cc - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

31,392

Investment Opportunity in St Louis County - preforming at a 12% CAP RATE. Welcome to Karmel Apartments. Situated on 1.73 acres in a residential community, this 24 unit brick property with all 2 bedroom 1 bath units (average rents are $575, with many being $600 per unit) include central air, forced heat, individually metered with 24 electric panels, plenty of parking on a private lot, mostly hardwood floors (a few have carpeting over the hardwoods), tiled baths, ceiling fans, plenty of closet space, nice kitchens with 24 stoves and refrigerators, large living room with area for dining (living room/dining combo). Clean basements with numerous updates throughout. Convenient location with a market just across the street, parks nearby and close to public transportation. Privately owned. For additional information please contact listing agent. Do not disturb residents.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    31392.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air, Varies by Unit

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer

  • Other Exterior Features

    Balcony

  • Parking

    Guest, Open, Parking Lot, Unassigned

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.73

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Low/1-2

Price

  • Sales Price

    $974,500

  • Tax Amount

    $16,114

  • Sq. Footage

    31, 392

  • Price/SqFt

    $31

HOA

  • Association

    No

School District

  • Elementary School

    Iveland Elem.

  • Middle School

    Hoech Middle

  • High School

    Ritenour Sr. High

Property Features

  • Ownership

    Private

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St. Louis-MO

Elementary School

Iveland Elem.

Middle School

Hoech Middle

High School

Ritenour Sr. High

Listing Courtesy of Kathleen Bresnahan , Keller Williams Realty St. Louis

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Investment Opportunity in St Louis County - preforming at a 12% CAP RATE. Welcome to Karmel Apartments. Situated on 1.73 acres in a residential community, this 24 unit brick property with all 2 bedroom 1 bath units (average rents are $575, with many being $600 per unit) include central air, forced heat, individually metered with 24 electric panels, plenty of parking on a private lot, mostly hardwood floors (a few have carpeting over the hardwoods), tiled baths, ceiling fans, plenty of closet space, nice kitchens with 24 stoves and refrigerators, large living room with area for dining (living room/dining combo). Clean basements with numerous updates throughout. Convenient location with a market just across the street, parks nearby and close to public transportation. Privately owned. For additional information please contact listing agent. Do not disturb residents.

2401 Sims Avenue

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