3711 Keokuk, St Louis, MO 63116

$899,000
31,458
SqFt
List Price
$899,000
Days on Market
62
MLS#
17076972
Status
CONTINGENT NO KICKOUT
Living Sq. Ft
31,458
Lot Size
23,261
Sq. Ft. Above
31458
Acres
0.534
Year Built
1931
Subdivision
Dunnica Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Great investment opportunity in STL Apartment Complex! 24 units - 2 Buildings located in the Dutchtown Area positioned in the line of progress. This investment is just minutes away from the extensive building and upgrading of the Tower Grove South Area. All units have 1, 1+ and 2 BR's, bath, plus distinct living and kitchen areas. All units include stoves, refrigerators and A/C units. Public water & sewer, electric, gas, central air with many updates. New plumbing and up graded electric. Investors, apply the 1% rule here and this is a bargain! Gross monthly rents, $12,600. The Dutchtown South Area that feels more like a small village, it dates back to the 19th century. It is home to Anheuser-Busch, established in 1852. It is the location of the third Ted Drewes Frozen Custard location, in Dutchtown, 1931. Dutchtown is located between Chippewa Street and Walsh Street, with I-55 and the Mississippi River on its east side. Complex is five miles from Downtown St. Louis.

Additional Information

Gross Operating Income
153600
Total Expenses
$66,386
School District
St. Louis City
Elementary School
Shenandoah Elem.
Jr. High School
Lyon-Blow Middle
Sr. High School
Roosevelt High
Construction
Brick/Stone Msn Pred
Parking Description
Accessible Parking, On Street Parking, Parking Lot
Cooling
Wall Unit(s), Window Unit(s)
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
28.58
Taxes Paid
12900
Selling Terms
Cash, Conventional, Seller May Pay SmCls, Other

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Listing courtesy of Empire Real Estate Services LLC.

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