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Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,510 sqft
Price per Sqft $89
Subdivision St Louis Hills Add 04
MLS Listing ID 19062037
Sold Date 09/20/19
Construction Status 66
Year Built 1953
Building Age 66
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions Irregular .45 ac.
Property Description
Saint Louis Hills 6-Family Apartment Consisting of Two 3-Family Full Brick Ranch Buildings. Located On .45 Acre Lot At The Corner Of Nagel & Sunshine. Each Building Has One 2 Bedroom And Two 1 Bedroom Units. All One Level, No Stairs, No Shared/Common Spaces. All units have private entrance and exit. Wonderful Long Term Tenants Have Been Here From 6-40 Years And Want To Stay. Each Unit Has Central Heat And A/C, Individually Metered Utilities, Open Living Room And Dining Area, Private Bedrooms, Large Full Bath, Main Floor Utility/Laundry Room. Well Maintained By The Same Family That Has Owned It Since The 1950'S. Currently Rented $39,600/Yr. Market Rent Is $750/1 Bedroom Units And $950/2 Bedroom Units $58,800/Yr. Units Will Need Some Cosmetic Updates When Turning Over Due To Normal Wear/Long Tenancy. Increasing Values In This Neighborhood = Great Value Add Opportunity. Fully Occupied - Do Not Disturb Tenants Or Approach The Building Without An Appointment.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Prvt Laund all units
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 66
Schools
Elementary Schools Buder 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, Exchange, RRM/ARM
Listing Terms Cash Only, Conventional, Exchange, RRM/ARM
Special Listing Condition No Step/Ramp Entry, None
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Bought with Stephanie Hogenmiller