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Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,464 sqft
Price per Sqft $73
Subdivision Cabanne Add
MLS Listing ID 23068406
Sold Date 04/19/24
Construction Status 122
Year Built 1902
Building Age 122
Lot Size 5,423 Sqft
Acres 0.1245
Lot Dimensions 35x155
Property Description
This 3,400+ square foot 2-family has an amazing track record - proving itself to generate $36k in annual income! And, yes. I'm serious. The 1st floor Unit was just vacated at the end of February. Seller is currently showing for a new tenant for this unit, so hurry if you want the building empty! The second floor unit has an EXTRA (bed/room/office) above the stairs and is currently vacant for ease of showing - both were previously rented for $1500/month and, don't worry - both are already cleaned up and ready for you or your next tenant to move right in! Both units have been totally upgraded with flooring, paint, and tile - but it doesn't stop at "pretty" upgrades - the panels & HVACS have been recently updated also - so you don't even have to lift a finger to get that 10%(ish) cap rate flowing right into your pocket! I know you're ready to cash flow - and so is this place. ;)
Location
State MO
County St Louis City
Area Central West
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric, Individual Units, Zoned
Fireplace N
Appliance Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Door(s), Some Window Treatment(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 122
Schools
Elementary Schools Hamilton Elem. Community Ed.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, VA
Listing Terms Cash Only, Conventional, FHA, VA
Special Listing Condition None
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Bought with Jennifer Wisniewski