For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $209,185
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 1,396 sqft
Price per Sqft $149
Subdivision Kingshighway Hills Add
MLS Listing ID 23044604
Sold Date 10/13/23
Construction Status 81
Year Built 1942
Building Age 81
Lot Size 5,785 Sqft
Acres 0.1328
Lot Dimensions 40 X 130
Property Description
This is great for the first time home buyer! Live in one unit and let your neighbor help pay your mortgage! Separate basements, like living in a single family home! Nice sunporch, two car garage! fenced back yard. Both units are occupied. 4938 on lease through 7/31/2024 at $850/mo. 4938A, long time tenant, on lease through 4/30/2024 at $610/mo. If both units were rented at current market rate of $850/mo, would produce gross income of $20,400, with last 12 months expenses of $7438, would produce net income of $12,962, or a gross CAP rate of 9.3%.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 81
Schools
Elementary Schools Mason 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
Listing Terms Cash Only, Conventional
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 Johnathon Voirol
Get More Information