4648 Gravois, St Louis, MO 63116

$750,000
29,304
SqFt
List Price
$750,000
Days on Market
98
MLS#
17064497
Status
ACTIVE
Living Sq. Ft
29,304
Lot Size
10,846
Sq. Ft. Above
29304
Acres
0.249
Year Built
1927
Subdivision
none
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Fantastic INVESTMENT POTENTIAL for this Versatile Building * AN ARCHITECTURAL GEM * 10,000 SqFt of 1 to 4 store fronts on the Main Level plus 16 units - over 600 sqft per unit, 4 Room/1 Bedroom each With Its Own Newer Electric & Furnaces on 2nd and 3rd levels * Basement Parking Garage Possible. Can Be Purchased With Adjacent Building 4658 Gravois mls#17005271 * Concrete Floors Between each floor* Nice Tight Brick & Stone * HUGE ELECTRICAL SERVICE * Owner wants it gone * BEST PRICE Since 2002 !!! *This Building is vacant, seller has repainted and cleaned up all the units renting for $450 t0 $550 per unit. 4 store front units approx 2275 sqft each . basement has a parking garage, needs a new ramp. 16 units at $450 per month is $7200 per month 0r $ 86,400 per year at $550 per month is $8800 per month or $105,600 per year store front units at $2,000 per month $8,000 or $96,000 per year Gross rent could be $182,400 to $201,600 per year, once up and running could be great cash flow.

Additional Information

Gross Operating Income
200000
School District
St. Louis City
Elementary School
Mann Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Construction
Brick/Stone Msn Pred
Parking Description
On Street Parking, Parking Garage, Underground
Cooling
None
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
25.59
Taxes Paid
8189
Selling Terms
Cash, Conventional

Mortgage Calculator

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Listing courtesy of Powerhaus Realty.

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