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Key Details
Sold Price $185,000
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Sold
Purchase Type For Sale
Square Footage 4,272 sqft
Price per Sqft $43
Subdivision John Withnells Sub
MLS Listing ID 24052376
Sold Date 11/08/24
Lot Size 9,148 Sqft
Acres 0.21
Lot Dimensions 75 x 120
Property Description
This mixed-use property is situated near bus stops and access to I-55, making it an attractive location for residents and businesses. It features two expansive 3-bed, 1.5 townhouses, each unit at 1,400 sq ft. One townhouse is move-in ready, while the other is a blank slate with significant electrical and plumbing work already completed, leaving the opportunity to finish to your preference. At street level, you'll find two commercial units with open floor plans and large windows—ideal for a variety of business ventures. The property also includes ample off-street parking. This is a perfect project for an investor or contractor looking to maximize rental income with some effort and vision. The 2 commercial spaces were previously rented at $1,500 per month each, while the renovated townhouse, previously rented at $1500, can be rented immediately. Up to $6,000 per month or more in potential income. Don’t miss out on this excellent investment with great upside potential!
Location
State MO
County St Louis City
Area Central East
Zoning Mixed Use, Muti Unit/Commercial
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Gas to Site, Water Available, Sewer Available
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Jeffrey Uren