Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1906
Sq.Footage
2,802
Investor Alert! Welcome to this fully rented, gorgeous multifamily building just blocks from Tower Grove Park! Step inside to a clean and updated first and second floor common hallway. This sale is composed of only the west half of this building and has 6 efficient units that have high potential for rent increases and improvements. 3 units on the second floor, and 3 units on the first floor. Perfect for SLU students, Barnes Jewish/Cardinal Glennon employees or any of other prospects vying to live in Shaw at an affordable price. Several updates throughout the building and in a couple units (see supplements). Both floors have direct access to the fully, unfinished basement. There is no laundry and could be added for some easy extra income. Several tenants are going on their second year here. Whether you want to keep it for long-term cash flow, renovate and resale, or explore short term rentals, this property offers many exit strategies. Owner currently pays all utilities for tenants with no RUBS (again, an easy opportunity for more cash flow). Please do not disturb tenants.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2903.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0708
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style, Historic
Price
-
Sales Price
$499,000
-
Tax Amount
$4,013
-
Sq. Footage
2, 802
-
Price/SqFt
$178
HOA
-
Association
No
School District
-
Elementary School
Shenandoah Elem.
-
Middle School
Fanning Middle Community Ed.
-
High School
Roosevelt High
Property Features
-
Foundation Details
Stone
-
Ownership
Private
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Shenandoah Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Listing Courtesy of Jay Rios , Rivers Realty
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FOUNDER
Colleen Brown
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