St Louis, MISSOURI 63104

$425,000
List Price
$425,000
Days on Market
0
MLS#
20034070
Status
PENDING
Lot Size
6,360
Acres
0.146
Year Built
1905
Age
115
Subdivision
St Louis Commons Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Great opportunity to acquire an income producing property in The Gate district, close to St. Louis University and all of the major developments currently in progress: SSM Hospitals new $550 million project, Prospect Yards, City Foundry STL, The Armory District, Steelcote Lofts, and Element by Westin. Over 2 billion dollars is nearby developments! The property is a large 4 unit building, (2) 2br units and (2) 3br units, with a gross rent potential of $54,000! All units have had updates in kitchens, baths and flooring and have great looking open floor plans. Located in the Gate District, which has been a hot neighborhood with redevelopment in both multifamily and single family homes. Currently 3 units are leased, the 4th unit has been kept vacant for showings. No showings until Tuesday the 26th.

Additional Information

Gross Operating Income
50400
Total Expenses
$11,500
School District
St. Louis City
Elementary School
Hodgen Elem.
Jr. High School
Yeatman-Liddell Middle School
Sr. High School
Vashon High
Parking Description
On Street Parking
Operating Expenses
Fixed Expenses
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Taxes Paid
3343
Buyer's Agent Commission
2.7
Selling Terms
Cash, Conventional

Mortgage Calculator

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Listing courtesy of Realty Exchange.

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