3456 Miami, St Louis, MO 63118

$188,000
Sold Price
$188,000
List Price
$190,000
Closing Date
Feb 08, 2018
Days on Market
15
MLS#
17091092
Status
SOLD
Lot Size
6,273
Acres
0.144
Year Built
1907
Age
111
Subdivision
Belle Estate Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Great investment opportunity! This cash flowing quadruplex is the perfect addition to your rental portfolio or a great opportunity for an owner occupant looking to self manage. This mixed use brick building has a large 3 bedroom apartment with walkout deck, two 1 bedroom apartments and a pristine laundromat that consistently generates nice income. Both 1 bedroom apartments are currently rented while the 3 bedroom remains vacant for the new owner to move in or easily rent for $800+ per month. The clean and well maintained laundromat with loyal customers includes a soda machine, 10 washing machines and 11 dryers. The owner has lovingly cared for the building for 15+ years. New tankless hot water heater, several newer furnaces, updated panels, some updated windows and a 6 year old roof make this building a smart investment. Tenant off street parking for 5.

Additional Information

School District
St. Louis City
Elementary School
Froebel Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Construction
Brick/Stone Msn Pred
Parking Description
Off Street
Operating Expenses
Fixed Expenses, Maintenance
Cooling
3 Plus Window/Wall, Ceiling Fan
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Taxes Paid
1734
Selling Terms
Cash, Other

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Garcia Properties. Selling Office: .

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