Price Reduced ListingREADY TO BECOME AN INVESTOR? HERE'S YOUR OPPORTUNITY! Four renovated, inspected and rent-ready units. Select your tenants & start generating rental income!* This 4-family property features four true 2-bedroom, 1-bath units with closets, similar layouts and finishes, and extensive renovations completed in 2023-2024.* 2023-2024 Exterior Improvements: New roof, building-wide tuckpointing, gutters, fascia, downspouts and dusk-to-dawn perimeter lighting.* 2024 Interior Renovation: Interiors were rebuilt from the studs with new subfloors, drywall, paint and flooring throughout. All four units feature renovated kitchens with cabinets, sinks, fixtures, stoves and refrigerators; bathrooms with tubs, vanities, mirrors and fixtures; new blinds and light fixtures; and ceiling fans in all eight bedrooms.* 2024 Building Systems: Plumbing serving all four units, sewer lateral from the building to the main, hot- and cold-water laundry hookups in both basement areas, five electrical panels, common-area and basement lighting, hallway motion lighting, smoke and carbon monoxide detectors, and four HVAC systems with rooftop condensers. All-electric building-no gas service.* Recently rented for $1,100 per unit, providing potential gross rental income of $4,400/month or $52,800 annually when fully occupied.* Seller is offering a $2,000 closing-cost credit with an acceptable offer. Seller has completed & passed the St Louis City occupancy/conservation inspections. Property is being sold AS-IS. Offers must be submitted on a Special Sale Contract with proof of funds and/or loan approval. Shown by appointment with 24-hour notice. One of the sellers is a Missouri-licensed real estate broker.
| MLS # | 26058521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 44 |
| Listing Provided By | S. Bohlen, REALTORS | Stephanie Griffin |
| SQ Feet | 3,948 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.09 |
| Cooling | Central Air |
|---|---|
| Heating | Electric |
| Interior Features | Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Recessed Lighting, Shower |
| Window Features | Blinds, Stained Glass |
| Appliances | Refrigerator |
| Roof | Shingle |
|---|---|
| Construction Materials | Brick, Brick Veneer |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | On Street |
| Senior Community Yes / No | No |
|---|
| Utilities | Cable Available, Electricity Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
| Property | 422 |
|---|
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63120 |
| Area | North |
| Community Name | Mars Place Add |
| School District | Sumner High |
| Elementary School | Hamilton Elem. Community Ed. |
| High School | Sumner High |
| Listing VS Median (in Mars Place Add) | |
Price: $314,900 low | high Med: $222,400 sqft: 3,948 low | high Med: 2,791 $ / sqft: $80 low | high Med: $80 On site: 44 low | high Med: 47.5 | |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63120 |
| Area | North |
| Community Name | Mars Place Add |
| School District | Sumner High |
| Elementary School | Hamilton Elem. Community Ed. |
| High School | Sumner High |
| Listing VS Median (in Mars Place Add) | |
Price: $314,900 low | high Med: $222,400 sqft: 3,948 low | high Med: 2,791 $ / sqft: $80 low | high Med: $80 On site: 44 low | high Med: 47.5 | |