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Key Details
Sold Price $135,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MAR20075289
Sold Date 03/01/21
Lot Size 9,278 Sqft
Acres 0.213
Lot Dimensions 127x73
Property Sub-Type Multi-Family 2-4
Property Description
Price Reduced! Fantastic investment opportunity! Large, three story, multi-purpose building close to bus stops, hospital, and I-55 access. Property offers two large 2 bed(possibly 3)2 bath townhouses with high ceilings, exposed brick, and generously sized rooms. At street level, there are two commercial spaces with open floor plans, bathroom, and large windows. One of the residential units will need only minor repairs, but the other will need a complete rehab. The walls are stripped down to the studs with much of the electric and plumbing rough-in completed. This building also offers ample off-street parking behind the building. This would be the perfect opportunity for an investor/contractor looking for a rental property that's willing to put in the work. Each of the commercial spaces could possibly rent out for $650 a month and the completed townhouse was renting for $850. Possible gross rent of $3,000 monthly!
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Meramec Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Special Listing Condition None
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