4448 Morganford, St Louis, MISSOURI 63116
- $695,000
- 11,655
- SqFt
- List Price
- $695,000
- Days on Market
- 33
- MLS#
- 21013907
- Status
- ACTIVE UNDER CONTRACT
- Living Sq. Ft
- 11,655
- Lot Size
- 15,115
- Sq. Ft. Above
- 11,655
- Acres
- 0.347
- Year Built
- 1962
- Subdivision
- Newport Place Add
- Municipality
- St. Louis City
- County
- St Louis City
- Year Built
- 1962
- Listing Type
- Multifamily
Property Description
Here's your opportunity to own a well run and very well maintained complex in south city. Besides the building the property features a large nicely landscaped side yard for the tenants' enjoyment. A P&L is attached but covers only part of last year, when our company took over management. We can continue to manage, or you can or have another PM company do it. We have intentionally waited to sign new leases in anticipation of the sale, as there is room for increases! 12 units total, 6- 2bedroom units and 6 -1 bedroom units, each have 1 bath We have left 2 apartments vacant for showings and your own tenants: a 1 Bedroom unit J which is approx 384sq feet and a 2 bedroom unit L which is approx 750 sq feet Basement coin operated laundry 2 car garage only with additional income of $25.00 each garage 9 off street parking spaces. We prefer to accompany your showing; however, we have put a lockbox on for your convenience.
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Additional Information
- Gross Operating Income
- 72000
- Total Expenses
- $12,000
- School District
- St. Louis City
- Elementary School
- Oak Hill Elem.
- Jr. High School
- Long Middle Community Ed. Center
- Sr. High School
- Roosevelt High
- Construction
- Brick/Stone Msn Pred, Brk/Stn Veneer Frnt
- Parking Description
- 1 Space/Unit, Other, Parking Lot, Unassigned
- Cooling
- Central-Electric
- Sewer
- Public
- Heating
- Forced Air
- Water
- Public
- Heat Source
- Gas
- Price Per Sq. Ft
- 59.63
- Taxes Paid
- 4763
- Selling Terms
- Cash, Conventional, Seller May Pay SmCls
- Transaction Agent Commission
- 2.5
- Buyers Agent Commission
- 2.5
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Listing courtesy of RE Source, LLC.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
