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Key Details
Sold Price $199,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Geraldine Estates 2
MLS Listing ID 24046436
Sold Date 08/29/24
Construction Status 61
Year Built 1963
Building Age 61
Lot Dimensions 0075/0082
Property Description
Turn key Investment Property. Both units are leased & tenants pay all utilities, except sewer: 4077 is a long term tenant (6 years), $899/mo. lease expires 5/31/2025---4079-$969/mo. lease expires 2/28/25. Gross Income: $22K--Net Income: approx. $14-16K
Private basements & laundry hookups. Big ticket repairs/replacements have been completed by present owner over the past eight years include: new electric panel (both units),replaced sewer line under basement floor (both units), new a/c condenser&coil & furnace (4079), upgraded gas pipe in basement (4079) per City Code, installed new gutters for entire duplex. Additional upgrades to both units include: stove, refrigerator, new faucet, refaced cabinets, new tiled floor, painting, extensive property clean up and removal of two dying trees. Central location in St. Ann, close to hotels, airport shuttle/parking, highways, St. Charles, Hospitals and shopping. Do not disturb tenants.
Location
State MO
County St Louis
Area Ritenour
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Some Storm Door(s), Some Storm Window(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Construction Status 61
Schools
Elementary Schools Kratz Elem.
Middle Schools Hoech Middle
High Schools Ritenour Sr. High
School District Ritenour
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Michael Murphy