4770 Kings Dr, St Louis, MO 63116
- $1,700,000
- 12,614
- SqFt
- List Price
- $1,700,000
- Days on Site
- 3
- MLS#
- 26054926
- Status
- ACTIVE
- Living Sq. Ft
- 12,614
- Lot Size
- 13,677
- Acres
- 0.31
- Year Built
- 1966
- Subdivision
- Kingshighway Terrace Add
- Municipality
- St. Louis City
- County
- St Louis City
- Year Built
- 1966
- Listing Type
- Multifamily
Property Description
Welcome to Chadwell Arms! This brick, two-story, 20-unit building in the heart of St. Louis City's Princeton Heights neighborhood, is currently 95% occupied with strong, stable cash flow bringing in roughly $169,000 a year in gross rental income. Many units have been recently renovated with new flooring, updated kitchens featuring new countertops and cabinetry, and modernized bathrooms, and the basement laundry room has been updated as well, offering tenants convenient on-site coin laundry and you another income generating opportunity. Parking is a breeze with a private rear lot offering 15 spaces in addition to street parking. Tucked into a quiet, tree-lined pocket near where Kingshighway meets Gravois, the building has a genuine neighborhood feel with easy access to local shops, schools, grocery stores, and gas stations, plus neighborhood dining favorites like Onesto's Pizzeria, Pizzeria Tivoli, and Cafe Nova just minutes away. Outdoor space is close by too, with Joseph R. Leisure Park and Christy Park just a few blocks away and Wilmore Park a short drive down Gravois. Commuters will appreciate quick access to both I-55 and I-44, putting all of Downtown St. Louis within easy reach. A move-in-ready, turnkey investment offering both immediate cash flow and long-term stability.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Buder Elem.
- Jr. High School
- Long Middle Community Ed. Center
- Sr. High School
- Roosevelt High
- Parking Description
- Additional Parking, Asphalt, Common, Off Site, Open, Parking Lot, Paved
- Cooling
- Central Air, Electric
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional
Mortgage Calculator
Listing courtesy of Keller Williams Realty St. Louis.
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
