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Key Details
Sold Price $159,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $144
Subdivision Village/St Ann
MLS Listing ID 24052747
Sold Date 11/08/24
Construction Status 75
Year Built 1949
Building Age 75
Lot Size 7,187 Sqft
Acres 0.165
Property Description
Great opportunity to own this sharp, very well kept Fully Occupied 2-Family Investment Property! Solid Brick Buildings With Full Basements. Great Hidden Gem! All Units Central Heat and Air Conditioning and Have Updated Electric Panels. Easy to Rent if Vacancy Occurs but Many Have Long-Term Tenants. Favorable lease terms give owner lots of flexibility and options. Tenants Love These Desirable 1 Bedroom 1 Bath Side-By-Side Ranchette Units, With Nice Big Yards For Outdoor Space. Selling "As Is". Market Rents on ROM (Combines Houses/Duplexes) shows an Average of $1108/Median of $1138 rent for the area. Comps for recent sales show similar units renting for $700 and $800. Still PLENTY of room to grow on rents!Updated, freshly painted. Hardwood floors. Nice eat-in kitchen with Stove, Fridge, Microwave and plenty of cabinets. Extra bonus room in the finished basement. Utility room and Washer & Dryer hook ups. Private parking on each side.
Location
State MO
County St Louis
Area Ritenour
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s)
Exterior
Parking Type Additional Parking, Off Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 75
Schools
Elementary Schools Marvin Elem.
Middle Schools Hoech Middle
High Schools Ritenour Sr. High
School District Ritenour
Others
Ownership Private
Acceptable Financing Lease, Rent
Listing Terms Lease, Rent
Special Listing Condition None
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