Rock Island Realty

Mid-Rise 3or4 Story

4166 Russell Boulevard

St Louis , MO 63110

MLS#: 26014777

$1,199,000

Status: Active
Listing number: 26014777
Listing provided by: Realty Exchange
Listing agent phone: None
Last update: 10 days ago
On site: 15 days ago
Browse Properties
Tyler Place - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1914

Sq.Footage

10,184

4166 Russell Blvd. Retire early with this gorgeous renovated 6-family apartment building in the coveted Shaw Neighborhood. Fully leased by excellent tenants that pay on time! Great returns with an 8% cap rate and about $100,000 yearly income after fixed expenses. Amazing location near Shaw's Garden, Tower Grove park, BJC Hospital, Washington University, SLU, top rated restaurants, nightlife and much more. Remodeled 2 bedroom 1 bath penthouse-style apartments with 6 rooms and 1200+/- sq ft per unit. Updated with modern finishes and amenities, while keeping the original craftsmanship and charm. Newer high efficiency central HVAC in each unit. Remodeled kitchens, with stainless steel appliances, full size refrigerators, ovens, dishwashers, and more! These units feature large rooms with high ceilings. Most bathrooms are fully renovated w/custom tile flooring, restored original claw foot tubs, updated fixtures and vanities. In-unit laundry in some (2) of the units and shared laundry in basement for the other units. Off-street parking space for each unit with plenty of on street parking for guests. Current rents have room to grow. This is a unique opportunity with good instant returns, plus upside potential for the new owners as more upgrades are added. Fully Occupied - shown by appointment only. Please do not disturb tenants or approach the property without an appointment.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    10184.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Electric, Gas, Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Assigned, Open, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.156

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Mid-Rise 3or4 Story

Price

  • Sales Price

    $1,199,000

  • Tax Amount

    $5,628

  • Sq. Footage

    10, 184

  • Price/SqFt

    $117

HOA

  • Association

    No

School District

  • Elementary School

    Adams Elem.

  • Middle School

    Fanning Middle Community Ed.

  • High School

    Roosevelt High

Property Features

  • Senior Community YN

    NO

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Adams Elem.

Middle School

Fanning Middle Community Ed.

High School

Roosevelt High

Listing Courtesy of Sara Blandino , Realty Exchange

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Colleen Brown

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(573) 480-8130

colleen@homeatthelake.com


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4166 Russell Blvd. Retire early with this gorgeous renovated 6-family apartment building in the coveted Shaw Neighborhood. Fully leased by excellent tenants that pay on time! Great returns with an 8% cap rate and about $100,000 yearly income after fixed expenses. Amazing location near Shaw's Garden, Tower Grove park, BJC Hospital, Washington University, SLU, top rated restaurants, nightlife and much more. Remodeled 2 bedroom 1 bath penthouse-style apartments with 6 rooms and 1200+/- sq ft per unit. Updated with modern finishes and amenities, while keeping the original craftsmanship and charm. Newer high efficiency central HVAC in each unit. Remodeled kitchens, with stainless steel appliances, full size refrigerators, ovens, dishwashers, and more! These units feature large rooms with high ceilings. Most bathrooms are fully renovated w/custom tile flooring, restored original claw foot tubs, updated fixtures and vanities. In-unit laundry in some (2) of the units and shared laundry in basement for the other units. Off-street parking space for each unit with plenty of on street parking for guests. Current rents have room to grow. This is a unique opportunity with good instant returns, plus upside potential for the new owners as more upgrades are added. Fully Occupied - shown by appointment only. Please do not disturb tenants or approach the property without an appointment.

4166 Russell Boulevard

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