2748 Keokuk, St Louis, MISSOURI 63118

$447,000
13,310
SqFt
List Price
$447,000
Days on Market
19
MLS#
20043767
Status
ACTIVE UNDER CONTRACT
Living Sq. Ft
13,310
Lot Size
10,890
Sq. Ft. Above
13,310
Acres
0.25
Subdivision
Dutchtown
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

12 Units - Average rent of $555 Excellent investment opportunity to purchase a cash flowing portfolio of three adjoining four family buildings. Seller prefers to sell as a package, but is willing to sell off individually. If sold individually price is $160k per building. The building has minimal operating expenses due to $35,160 of recent Capital Expenditures. 10 of the 12 units have been completely renovated… floors, painting, bathrooms, kitchen appliances and new doors. New roofs replaced on two of the buildings. New A/C for all 12 of the units. Individually metered gas and electric, common water/sewer. There is a potential to raise rents with all of the work that has recently been done. Located in highly desirable Dutchtown. This portfolio presents an incredible opportunity for the new owner to enjoy great cash flow. Buyer to verify building square footage. Tenants are not aware of the Sale, please do not disturb them. 2748-50 Keokuk 2752-54 Keokuk 3906-08 California

Additional Information

Gross Operating Income
79800
Total Expenses
$21,078
School District
St. Louis City
Elementary School
Meramec Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Construction
Brick/Stone Msn Pred
Parking Description
On Street Parking, Other
Cooling
Central-Electric
Sewer
Public
Heating
Individual Furnaces
Water
Public
Heat Source
Gas
Price Per Sq. Ft
33.58
Taxes Paid
1146
Buyer's Agent Commission
2.7
Selling Terms
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Salient Realty Group, LLC.

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