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Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 4,936 sqft
Price per Sqft $82
Subdivision City/St Louis
MLS Listing ID 19015643
Sold Date 04/25/19
Construction Status 129
Year Built 1890
Building Age 129
Lot Size 3,006 Sqft
Acres 0.069
Lot Dimensions 131x23x132x23
Property Sub-Type Multi-Family 2-4
Property Description
Architecturally significant four family built in 1890 located in The Gate District close to Lafayette Park, St. Louis University Hospital, St. Louis University School of Medicine and Cardinal Glennon Hospital. This large 4,936 square foot building was recently rehabbed and features 1,200 square foot 2 bed 1 bath units with updated kitchens with new cabinets, counter tops, stainless steel appliances, renovated bathrooms, new flooring throughout, new back staircases. Building had a new roof installed, new electric panels, new HVAC. Two units are currently rented, one for $1,200 and one for $1,150. Potential rent income with 3 units rented at $1,200 and 1 at $1150 is $4,750 per month, $57,000 annually. With a potential 6% vacancy and expenses of $8,141 there is a potential net annual income of $45,439. This property includes the addresses at 2821 and 2823 Henrietta which is split into two parcels.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Gas
Fireplace N
Appliance Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 129
Schools
Elementary Schools Hodgen Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Vashon High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, Government, VA, Other
Listing Terms Cash Only, Conventional, FHA, Government, VA, Other
Special Listing Condition Renovated, None
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Bought with Patrick Kavanagh