3461 S Spring Avenue, St Louis, MO 63116

$260,000
Sold Price
$260,000
List Price
$249,900
Closing Date
Jan 21, 2022
Days on Market
130
MLS#
MAR21040396
Status
CLOSED
Lot Size
4,051
Sq. Ft. Above
3,136
Acres
0.093
Year Built
1907
Subdivision
Hunts
Municipality
St. Louis City
County
St Louis City
Year Built
1907
Listing Type
Multifamily

Property Description

Back due to no fault of Seller! Great opportunity to purchase a rehabbed four family in one of South City's hottest neighborhoods. During their ownership Sellers have completed MANY projects/updates, and it shows, including: roof (2012), floors, plumbing, electric, bathrooms, kitchen, HVAC, fixtures, doors, and windows. Sewer lateral, roof, decks and tuckpointing addressed fall/winter of 2021 - Seller's Disclosure addendum forthcoming. The units themselves are wonderful, with spacious rooms, wood flooring, custom millwork, pocket doors, and private decks/balconies. The building currently produces stable income and rents at $605/595/595/570, with room to grow. New owner could potentially raise rents to market and self-manage to make income generation even stronger. The units rent very easily, as the building is located in a great location that is convenient to South Grand business district, Tower Grove Park, and all the recreation, dining, and entertainment that comes with it.

Additional Information

School District
St. Louis City
Elementary School
Mann Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Association Fee
$[u'0']
Construction
Brick
Parking Description
Off Street
Cooling
Electric
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
82.91
Taxes Paid
1595
Selling Terms
Cash Only, Conventional
Buyers Agent Commission
2.7

Mortgage Calculator

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Listing courtesy of Berkshire Hathaway Alliance. Selling Office: Realty Exchange .

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