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Lynne Hart

lynne@saintlouisrealestate.co +1(314) 324-6907

$375,000

Est. payment - /mo

3,552 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $105

Subdivision Garnd Dover Park

MLS Listing ID 26051182

Style Apartment Style

Year Built 1927

Annual Tax Amount $3,161

Lot Size 6,673 Sqft

Acres 0.1532

Property Sub-Type 2-4 Units

Property Description

Attention Investors - FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46,020 in annual rental income with reported annual operating expenses of approximately $10,393, producing an estimated Net Operating Income (NOI) of $35,627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call now for more information

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen

Heating Forced Air

Cooling Central Air

Fireplace N

Laundry In Basement, Electric Dryer Hookup, Multiple Locations, Other, Washer Hookup

Exterior

Parking Features false

View Y/N No

Building

Lot Description City Lot

Story 2

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Woerner Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by Christoph Dewald • EXP Realty, LLC

Nearby School & Business

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Lynne Hart

+1(314) 324-6907

Agent | License ID: 2015021561

Agent License ID: 2015021561

3644-3646 Bates ST St Louis, MO 63116

Lynne Hart

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information