$347,400
$347,400
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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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Bought with Stephanie Jones