St Louis, MO 63139,3420 Lawn
$210,000
Est. payment /mo
$250,000
16.0%
Est.Price: ?

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SOLD DATE : 11/22/2024

Key Details

Sold Price $210,000

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Subdivision Kingshighway Hills

MLS Listing ID 24070101

Sold Date 11/22/24

Construction Status 96

Year Built 1928

Building Age 96

Lot Dimensions 70 Ft X 120 Ft

Property Description

Once-in-a-decade opportunity at $42,000 per unit. This 6-unit North Hampton property is a rare rehab ideal for investors eyeing value-add projects. The building features two spacious 2-bedroom units and four 1-bedroom units. Two units have fire damage, while the remaining four have smoke exposure. All units are vacant. Recent MLS sales for 5+ unit buildings in 63139 and neighboring 63109 and 63110 have ranged from $102,500 to $195,833 per unit, driven by size and condition, offering flexibility in finish selections. Potential market rents = $1,095 for updated 1br and $1,295 for updated 2br. Buyers should perform their own property condition analysis and financial analysis. The last comparable rehab of this size and type in North Hampton listed on MLS was January 2015.

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Building

Sewer Public Sewer

Water Public

Construction Status 96

Schools

Elementary Schools Mason Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash Only, Private, Other

Listing Terms Cash Only, Private, Other

Special Listing Condition None

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Listed by Daniel Hartzke • Invest St. Louis
Bought with Elvis Niksic

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Kristen Bland

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