4125 Chouteau Ave
St Louis, MO 63110

Description

Located across the street from the new Chroma apartments, within walking distance to the Cortex, Wash U School Of Medicine, Barnes Hospital and all of the restaurants on Manchester. This architecturally significant building built in 1895 has 3 bed 2 full bath units. The building underwent a full renovation including updated kitchens with lots of cabinet space and updated bathrooms, central air with HVAC replacement, updated PVC plumbing, updated electric, and 2nd floor laundry. Fenced backyard with 4 spots of off street parking. One unit is currently rented for $1,315 a month to a long term tenant and one unit is vacant with projected rent at $1,550. This building would be ideal for an owner occupant or investor. Fully rented this building could gross $2,865 a month and $34,380 annually with expenses at $5,112 for a potential annual net income of $29,268. Similar size 3 bed 2 bath unit across the street rents for $3,000 a month. Owner is a licensed agent.

Details

MLS#18081558
Sub-TypeResale
StatusPending - Show
Year1895
Days On Site164

Features

SQ Feet2,940
Units2
Building(s)1

Market Activity 63110

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63110
AreaSouth City
Listing VS Median (in 63110)
Price:
$380,000
low | high
Med:
$275,000
77.631578947368% of Average
SqFt:
2,940
low | high
Med:
1,806
88.571428571429% of Average
$ / SqFt:
$129
low | high
Med:
$152
32.19094247246% of Average
On Site:
164
low | high
Med:
50
100% of Average
Listing Updated: 03/22/2019
MLS Number: 18081558
Listing Provided By:
Jordan Schoen  of  Invest St. Louis