4370 Swan Avenue, St Louis, MO 63110

$495,000
List Price
$495,000
Days on Market
89
MLS#
MAR22068355
Status
PENDING
Lot Size
2,391
Sq. Ft. Above
2,400
Acres
0.05
Year Built
1927
Subdivision
Forest Park Southeast
Municipality
St. Louis City
County
St Louis City
Year Built
1927
Listing Type
Multifamily

Property Description

Large 3 family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park. Built in 1927 this building consists of 2 three bedroom units and one 1 bedroom units for a total of 7 bedrooms. Current rents are $3,265/mo or $39,180 annualized. There is the potential to add value and raise rents in the future - these units rented at market rates could yield $49,200 of gross rental income annually based on rent comparables. The average rent price in The Grove is $1,669 (provided by rent cafe). All units are month to month. All units have been updated. Would be ideal for an investor or owner occupant. Can be purchased with nearby 3 family 1210 Newstead or with 6 other total nearby multi families as part of a package. Inquire with the listing agent for more information.

Additional Information

School District
St. Louis City
Elementary School
Adams Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Vashon High
Construction
Brick
Parking Description
On Street
Cooling
Gas
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
206.25
Taxes Paid
1803
Selling Terms
Cash Only, Conventional, Exchange, FHA, Private, USDA, VA, Other
Transaction Agent Commission
2
Buyers Agent Commission
2

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Listing courtesy of Invest St. Louis.

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