$347,400
$347,400
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7,248 SqFt
SOLD DATE : 04/04/2023
Key Details
Sold Price $347,400
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 7,248 sqft
Price per Sqft $47
Subdivision Knapstein Add
MLS Listing ID 22056704
Sold Date 04/04/23
Year Built 1928
Lot Size 5,101 Sqft
Acres 0.117
Lot Dimensions 39 x 27
Property Sub-Type 5 Family or More
Property Description
READY to be your CASH COW! FULLY RENTED early February!! You don't see returns like this too often, should be a 11+% cap once fully occupied, numbers in process of being updated. Brand new TPO roof with 20 year warranty! Building generally in great shape with low need for maintenance, all tenants are current. Building is managed and can stay in place if desired. Ask your favorite agent for the supplemental documents which will have links to detailed information on Financials and condition as well as a tour of the open units. Note: This building has 3 addresses - 4260 & 4262 Michigan and 3119 Chariton and may appear like a 4 family and a 2 family but is all one parcel. Request your showing while we still have 1 unit open for showing, estimated occupied mid February. The 6th unit is anticipating an institutional renter and that arrangement is taking a little bit of time to secure.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Natural Gas, Forced Air
Cooling Window Unit(s)
Fireplace N
Appliance Gas Water Heater
Laundry Other
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Architectural Style Low/1-2
Structure Type Brick
Schools
Elementary Schools Meramec Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition Standard
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Bought with StephanieJJones
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "