St Louis, MO 63111,4260 Michigan AVE
St Louis, MO 63111,4260 Michigan AVE
St Louis, MO 63111,4260 Michigan AVE
St Louis, MO 63111,4260 Michigan AVE
St Louis, MO 63111,4260 Michigan AVE
St Louis, MO 63111,4260 Michigan AVE
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$347,400

$347,400

Est.Price: ?

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Est. payment /mo

7,248 SqFt


SOLD DATE : 04/04/2023

Key Details

Sold Price $347,400

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 7,248 sqft

Price per Sqft $47

Subdivision Knapstein Add

MLS Listing ID 22056704

Year Built 1928

Building Age 95

Lot Size 5,101 Sqft

Property Description

READY to be your CASH COW! FULLY RENTED early February!! You don't see returns like this too often, should be a 11+% cap once fully occupied, numbers in process of being updated. Brand new TPO roof with 20 year warranty! Building generally in great shape with low need for maintenance, all tenants are current. Building is managed and can stay in place if desired. Ask your favorite agent for the supplemental documents which will have links to detailed information on Financials and condition as well as a tour of the open units. Note: This building has 3 addresses - 4260 & 4262 Michigan and 3119 Chariton and may appear like a 4 family and a 2 family but is all one parcel. Request your showing while we still have 1 unit open for showing, estimated occupied mid February. The 6th unit is anticipating an institutional renter and that arrangement is taking a little bit of time to secure.

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Window Unit(s)

Laundry Other

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Meramec Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash Only, Conventional, Private

Listing Terms Cash Only, Conventional, Private

Special Listing Condition None

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Listed by Lynne Hart • Real Broker LLC
Bought with Stephanie Jones
agent-avatar

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

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