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Key Details
Sold Price $200,500
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $69
Subdivision Shackelford Place
MLS Listing ID 24015150
Sold Date 05/28/24
Construction Status 70
Year Built 1954
Building Age 70
Lot Size 7,841 Sqft
Acres 0.18
Lot Dimensions 50x159
Property Description
Back on the market at no fault of Seller! Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental. Sold as-is, this project is perfect for those ready to invest sweat equity to force appreciation and unlock exceptional returns. Seize the chance to revitalize and reap the rewards of this promising investment. Ideal for visionaries aiming to expand their portfolio and maximize earnings through strategic renovation.
Location
State MO
County St Louis
Area Ritenour
Interior
Heating Forced Air, Individual Furnaces
Cooling Wall/Window Unit(s)
Fireplace N
Appliance Some Range Oven(s)
Exterior
Parking Type More Than 1 Spc/Unit, Open
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 70
Schools
Elementary Schools Marvin Elem.
Middle Schools Ritenour Middle
High Schools Ritenour Sr. High
School District Ritenour
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Other
Listing Terms Cash Only, Conventional, Other
Special Listing Condition None
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Bought with Savannah Bosler
- Arnold
- Hazelwood
- O'Fallon
- Ballwin
- High Ridge
- St. Charles
- Barnhart
- Hillsboro
- St. Louis
- Bridgeton
- Imperial
- St. Peters
- Chesterfield
- Innsbrook
- Town & Country
- Clayton
- Kirkwood
- University City
- Cottleville
- Ladue
- Warrenton
- Creve Coeur
- Lake St. Louis
- Washington
- Fenton
- Manchester
- Wentzville
- Florissant
- O'Fallon
- Wildwood
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