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Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,700 sqft
Price per Sqft $43
Subdivision Louisiana Heights Add
MLS Listing ID 22049049
Sold Date 10/03/22
Construction Status 59
Year Built 1963
Building Age 59
Lot Size 5,828 Sqft
Acres 0.1338
Lot Dimensions 77x106x43x96
Property Sub-Type Multi-Family 5+
Property Description
Looking to add units and ROI to your rental portfolio? Look no further. This building features 8 easy to rent apartments split 50/50 between 1 and 2 BR units. Currently under rented at $500 & $600/mo this property brings plenty of value add potential to the table. Your tenants will enjoy the convenient location, bright and clean common spaces, secure entrances & off street parking. Owners/Landlords will appreciate the BRAND NEW ROOF (August 2022), low maintenance exterior and updates throughout including all electric panels. Major systems are located in the basement making them easy to service and maintain. Central a/c could easily be added although tenants appreciate the current individual wall unit setup. Each unit has its own w/d connection and storage locker in the basement. Fully occupied besides one unit left open for showings, please do not disturb tenants. Property to be sold as-is. Do not miss your chance for excellent cash flow located within an Opportunity Zone!
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplace N
Laundry Lndry Connect all Un
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Construction Status 59
Schools
Elementary Schools Woodward Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with David Nations