5225 Bancroft Avenue, St Louis, MISSOURI 63109

$345,000
2,788
SqFt
Sold Price
$345,000
List Price
$365,000
Closing Date
Aug 21, 2020
Days on Market
6
MLS#
20048328
Status
CLOSED
Living Sq. Ft
2,788
Lot Size
4,966
Sq. Ft. Above
2,788
Acres
0.114
Year Built
1925
Age
95
Subdivision
Christy Southampton Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Check out this updated turn-key fully rented four family in South Hampton. Building features units with hardwood floors, updated kitchens with dishwashers, completely updated bathrooms with updated title, shower system, vanity, floors. The building has central air throughout, there are newer condensers, vinyl windows, newer furnaces, PVC stacks, updated electric, private storage for tenants, washer dryer hookups for all tenants. There is a built in barbecue pit in the back yard and off street parking spots for all of the tenants. The units are rented for $775, $775, $700, $700. The building generates $2,950 a month for an annual total of $35,400, annual expenses are $7,458. There are two long term tenants of 4 and 5 years, apartments are due for a rent increase. This building has been meticulously maintained and would be a great low maintenance building for any investor or owner occupant. Please do not disturb tenants.

Additional Information

Gross Operating Income
35400
Total Expenses
$7,442
School District
St. Louis City
Elementary School
Buder Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Construction
Brick Veneer Predom
Parking Description
Off Street
Operating Expenses
Maintenance
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
123.74
Taxes Paid
2263
Buyer's Agent Commission
2.7
Selling Terms
Cash, Conventional, FHA, Private, VA, Other

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Invest St. Louis. Selling Office: Invest St. Louis.

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