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Key Details
Sold Price $722,500
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,392 sqft
Price per Sqft $97
Subdivision Tower Grove Heights Add
MLS Listing ID 24026069
Sold Date 06/25/24
Construction Status 113
Year Built 1911
Building Age 113
Lot Size 5,545 Sqft
Acres 0.1273
Lot Dimensions 8x69x73x58x82x128
Property Description
This well-maintained 6-family property is ideally situated in the desirable Tower Grove South neighborhood, just two blocks from Tower Grove Park. With its proximity to the Park, the property offers residents easy access to outdoor recreational activities, including Food Truck Fridays and the Farmer’s Market. This 7,392 square feet building was built in 1909 and renovated approximately 12 years ago. The building had a full TPO roof replacement in 2019. The building is fully occupied, each unit features approximately 900 square ft with 2 beds and 1 bath. Rents for 2 units were recently raised to $1,200 a month, with the other 3 units due for a rent increase in the future. Similar-sized 2-bedroom apartments within a mile radius have average rent of $1,319. The closest comparable sale is a 6-family that sold at 3721 McDonald 63116. The 5,508-square-foot 6-family sold for $975,000 with 1-bedroom units renting at $1,100. A virtual tour is available upon request.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Gas
Fireplace N
Laundry Coin Operated, Common Laundry
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 113
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, Other
Listing Terms Cash Only, Conventional, Other
Special Listing Condition Rehabbed, None
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Bought with Patrick Kavanagh
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