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Key Details
Sold Price $209,200
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,334 sqft
Price per Sqft $89
Subdivision Kerrs
MLS Listing ID 23048147
Sold Date 10/30/23
Year Built 1910
Lot Size 4,704 Sqft
Acres 0.108
Lot Dimensions 31 x 125
Property Sub-Type 2-4 Units
Property Description
SOLID two family perfect for a landlords portfolio who wants a cash flowing investment. Each unit is tenant occupied and recently renovated. Units rent for a total of $2290 monthly which is $27,480 annualized. 9.75% Cap Rate. Each kitchen features new flooring, new cabinets, and newer appliances. The 1st floor apartment features three bedrooms and one full bathroom. The 2nd floor apartment features four bedrooms and one full bathroom. The basement is large, dry, and includes separate w/d hookups for all units. Additionally, the property includes a rear deck, and private rear yard. Rear 2-car parking pad provides off street parking. A terrific property with low maintenance and perfect for your investment portfolio.
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Heating Natural Gas, Forced Air
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Woodward Elem.
Middle Schools L'Ouverture Middle
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with AliciaLJohnson