For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $42
Subdivision Allens Sarpy Add
MLS Listing ID 19042218
Sold Date 07/02/19
Construction Status 111
Year Built 1908
Building Age 111
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 39 FT X 123 FT
Property Sub-Type Multi-Family 2-4
Property Description
This 4 family on a nice block in Fox Park is an income generator. These are 3 room apts. plus a full bath. The 2nd FL units offer private bedrooms and the 1st FL units are walk-through. There is off-street parking in the back for 3 cars. The finishes in the units are basic. A new owner could either keep running the property as it is for easy cash flow or could plan to do some updates in order to raise rents. Rents range from $475-$550 per month and are low compared to market rates in the area. The vacancies tend to fill very quickly because of that. A 3rd option to explore is converting the property into 2 townhomes. Either way, there is $$$ to be made here! Currently, there is 1 vacant unit that was just vacated by a long-term tenant. It will need some minor TLC to get it rent ready again. Property is being sold in As Is condition which is reflected in this great sales price! Copies of previous inspection reports from a buyer who did not perform are available online.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air, Other
Cooling Window Unit(s)
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 111
Schools
Elementary Schools Sigel Elem. Comm. Ed. Center
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA
Listing Terms Cash Only, Conventional, FHA
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Megan Butler