Suzanne Abbott - Coldwell Banker Premier Group
5010 Chippewa
St Louis, MO 63109

Description

Excellent opportunity to purchase an updated turn-key four family in the Southampton neighborhood. Features include renovated eat-in kitchens with updated cabinets, newer appliances including dishwasher, microwave, fridge and garbage disposal. Units have updated baths, refinished hardwood floors with central air. The first floor units are vacant which previously rented for $700 have 4 rooms with bonus room including closet which could be used as a kids bedroom, office, storage or walk-in closet. The second floor units rent for $750 and $775 ($25 for pet rent), when fully rented the monthly gross income is $2,925 a month, $35,100 annually with expenses of $7,002 creating an annual net income of $28,098. Building has a decorative clay tile roof, new large parking pad in the rear of the building which fits 8 cars, newer condensers with cages, newer siding, newer furnaces, recently updated electric, updated PVC plumbing, separate storage for all units, washer dryer hookups for all tenants.

Details

MLS#18081199
Sub-TypeResale
StatusPending - Show
Year1926
Days On Site15

Features

SQ Feet3,176
Units4
Building(s)1

Market Activity 63109

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63109
AreaSouth City
Listing VS Median (in 63109)
Price:
$259,000
low | high
Med:
$184,900
78.610038610039% of Average
SqFt:
3,176
low | high
Med:
1,620
98.992443324937% of Average
$ / SqFt:
$82
low | high
Med:
$114
10.040421373754% of Average
On Site:
15
low | high
Med:
39
38.461538461538% of Average
Listing Updated: 10/22/2018
MLS Number: 18081199
Listing Provided By:
Jordan Schoen  of  Invest St. Louis