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Key Details
Sold Price $1,280,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 19,648 sqft
Price per Sqft $65
Subdivision Bevo
MLS Listing ID 24038904
Sold Date 09/30/24
Lot Size 0.269 Acres
Acres 0.2686
Lot Dimensions 93*125
Property Sub-Type Multi-Family 5+
Property Description
Here is an opportunity to own a newly renovated, solid brick building with nice floorplans. 16 1 Bedroom, 1 Bath units in 2 buildings. Sale includes 4227-29 Ellenwood (8 units) and 4231-33 Ellenwood (8 units). Majority of units are renovated and updated. Units have hardwood floors, central heating and cooling, updated kitchens and baths. Property enjoys long term tenants, increasing rents and steady income. Solid investment in a great rental area. The property is conveniently located and walking distance from historic Bevo mill, bus stops, Southtown Centre, several restaurants, and establishments. Property is attractively priced at 8% CAP rate.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric
Fireplace N
Laundry Coin Operated, Common Laundry
Building
Sewer Public Sewer
Water Public
Structure Type Brick
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
Listing Terms Cash Only
Special Listing Condition Rehabbed, Renovated, None
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Bought with Prabhu AngaJala