Rock Island Realty

Low/1-2

4328 McRee Avenue

St Louis, MO 63110

MLS#: 26015492

$595,000

Status: Active Under Contract
Listing number: 26015492
Listing provided by: The Hermann London Group LLC
Listing agent phone: None
Last update: 24 days ago
On site: 27 days ago
Browse Properties
Shaws Vandevnter Ave Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1922

Sq.Footage

4,148

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. Big ticket items including HVAC systems, water heaters, electric panels & PVC plumbing have all been recently replaced. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 790sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4148.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Parking

    Concrete, Parking Pad

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1281

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Low/1-2

Price

  • Sales Price

    $595,000

  • Tax Amount

    $1,011

  • Sq. Footage

    4, 148

  • Price/SqFt

    $143

HOA

  • Association

    No

School District

  • Elementary School

    Adams Elem.

  • Middle School

    Elias Michael Elem.

  • High School

    Vashon High

Property Features

  • Foundation Details

    Block

  • Ownership

    Private

  • Senior Community YN

    NO

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Adams Elem.

Middle School

Elias Michael Elem.

High School

Vashon High

Listing Courtesy of Nidhi Soni , The Hermann London Group LLC

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Agent Erin Svoboda

AGENT

Erin Svoboda

Call Erin today to schedule a private showing.

(573) 286-3841

erin@homeatthelake.com


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Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. Big ticket items including HVAC systems, water heaters, electric panels & PVC plumbing have all been recently replaced. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 790sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!

4328 McRee Avenue

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