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Key Details
Sold Price $498,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $146
Subdivision Shaws Garden Add
MLS Listing ID 24001900
Sold Date 02/28/24
Construction Status 98
Year Built 1926
Building Age 98
Lot Size 3,855 Sqft
Acres 0.0885
Lot Dimensions 42'x125'x42'x125'
Property Description
Large four family in Southwest Gardens right beside Botanical Gardens w/ easy access to I44, walking distance to Tower Grove Park, Shaw, The Hill and so much more. Easier to lease to qualified tenants than many other locations. Highlights of the building include large ~1,100sf units, newer vinyl windows with aluminum exterior capping, newer (2021) TPO roof, updated electric, plumbing (including laterals which are PVC), tuckpointing done 2021, and a four car garage (that is actually usable/works). The units themselves have updated kitchens and baths. They are one-bedroom units but have sun/bonus rooms. Lowlights are older furnaces and no condensers (no central AC). Window units work to cool the place fine, however, and the ductwork is all already in place should you wish to add central air. Far less competition now for purchases on account of interest rates; acquire now and set a good entry point (the building performs decent enough at present rates), and refi should rates drop.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Window Unit(s), Ceiling Fan(s)
Fireplace N
Appliance Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s)
Exterior
Parking Type Detached Garage - 3-4 Car, On Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 98
Schools
Elementary Schools Mann Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, Owner May Finance, Private, VA, Other
Listing Terms Cash Only, Conventional, FHA, Owner May Finance, Private, VA, Other
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Bought with Patrick Kavanagh
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