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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,362 sqft
Price per Sqft $59
Subdivision Dixie Place Add
MLS Listing ID 25015764
Sold Date 04/21/25
Construction Status 110
Year Built 1915
Building Age 110
Lot Size 3,999 Sqft
Acres 0.0918
Lot Dimensions 126x29
Property Sub-Type Multi-Family 2-4
Property Description
BACK ON MARKET after winning buyer in multiple offers scenario got cold feet. This well-maintained, fully occupied 3-UNIT opportunity has 2 buildings: Front 6723 Printz is a two family Duplex and Rear 4611 Holly Hills is a single family home. Both buildings are on same lot & deed. Leases renew in July & Aug, an opportunity for a savvy investor to BRRRR or Buy & Hold raising rents to market rate. Tenant occupied, showings with accepted offer. Current rents are below market value at $22,500/year ($825, $550, $500). Inspection Reports and estimates available. Low operating costs, detailed expenses numbers available. Desirable 3 unit property offers strong cash flow and great ROI for investors seeking immediate cashflow income and opportunity to raise rents for increased future revenue. Great cash flow opportunity on this building with low expenses and below market rents. Ideal location in near Holly Hills & Gravois neighborhood near public transportation, Highway 55 and Christy Park.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air, Radiator(s)
Cooling Wall/Window Unit(s)
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Steel Siding
Construction Status 110
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, Conventional, RRM/ARM
Listing Terms Cash Only, Conventional, RRM/ARM
Special Listing Condition None
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Bought with Jessica Vargas