St Louis, MO 63118,3735 Virginia AVE
St Louis, MO 63118,3735 Virginia AVE
St Louis, MO 63118,3735 Virginia AVE
$195,000
Est. payment /mo
$189,000
3.2%
Est.Price: ?

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2,450 SqFt
SOLD DATE : 12/28/2023

Key Details

Sold Price $195,000

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $79

Subdivision St Louis Commons Add

MLS Listing ID 23067252

Sold Date 12/28/23

Construction Status 113

Year Built 1911

Building Age 113

Lot Size 3,088 Sqft

Acres 0.0709

Lot Dimensions 26x125x26x125

Property Description

This fully-renovated, 2-unit property is 100% occupied and cash flowing on day 1! The property has 2 long-term tenants (5+ yrs and 3+ yrs) at rents of $805/mo and $865/mo. With market rents for similar units at $1,039/mo, the property has significant upside potential via near-term rent increases or owner-occupancy. Additional upside potential is available via the lease-up of the on-site two-car garage. Each 2BR/1BA unit is approximately 1,150 sq ft for a total of 2,300 sq ft of living area. Amenities include full kitchens (oven/stovetop, dishwasher, garbage disposal, and refrigerator), central HVAC, ceiling fans, hardwood floors, private decks, washer/dryer hookups, lockable storage closets, garage parking, and a fenced yard. The property was fully renovated in 2015 with new: 200-amp electric panels, PVC stacks and lateral piping, water heaters, HVAC systems, utility meters, gas furnaces (2017), roof (2018), open-concept floor plans, kitchens, bathrooms, windows, and drywall/paint.

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Gas

Fireplace N

Appliance Some Dishwasher(s), Some Fireplace(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s)

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 113

Schools

Elementary Schools Froebel Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Other

Listing Terms Cash Only, Conventional, Other

Special Listing Condition Other, None

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Listed by Jordan Schoen • Invest St. Louis
Bought with Anna Garcia

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Kristen Bland

CEO | License ID: 2021043213

+1(636) 532-8580

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