1830 Russell Pending

St Louis,MO 63104

$ 519000

- Bed

0 Bath

4060 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Pending

Purchase Type For Sale

Square Footage 4,060 sqft

Price per Sqft $127

Subdivision Allens Add

MLS Listing ID 24038357

Year Built 1907

Building Age 117

Lot Size 5,785 Sqft

Property Description

Back on Market no fault of sellers. Full gut rehab, large 1000 sq ft 1 bd 1 bath. Newer systems including all plumbing, electrical wiring and panels, water heaters, hvac, sewer laterals, windows, roof approx 6 years old and maintained yearly. New Gutters and downspouts running into new concrete sidewalks with drains. Basement walls fully tuckpointed. New custom-built steel back porch and vinyl awning. Three units have washer dryer in unit. Two units with very high end finished, third and fourth are renovated but not quite to same level. Rents are below market with various one year lease end dates. Market rents upon turns would be $1395, $1395, $1195, and $1095 making this becoming a true 7.2 + Cap for a full gut rehabbed building which is very rare. Current rents way below market at $850,$950,$1150,$1150

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Electric

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Adams Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Beaumont Cte High School

School District St. Louis City

Others

Acceptable Financing Cash Only,Conventional,Exchange

Listing Terms Cash Only,Conventional,Exchange

Special Listing Condition None

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