Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
4,864
Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,580, $1,495, $1,500, & $1,595. Market rents for the area are approximately $1,975/mo for updated two bedroom units.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
4864.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air, Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.15
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$925,000
-
Tax Amount
$10,046
-
Sq. Footage
4, 864
-
Price/SqFt
$190
HOA
-
Association
No
School District
-
Elementary School
Ralph M. Captain Elem.
-
Middle School
Wydown Middle
-
High School
Clayton High
Property Features
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis-MO
Elementary School
Ralph M. Captain Elem.
Middle School
Wydown Middle
High School
Clayton High
Listing Courtesy of Garen F Lafser , Salient Realty Group, LLC
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