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Chad Klein

chadkleinrealty@gmail.com +1(618) 979-5271

$ 499,000

Est. payment | -/mo

2,802 SqFt

Save

$ 499,000

Est. payment | -/mo

Save

2,802 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 2,802 sqft

Price per Sqft $178

Subdivision Tyler Place Add

MLS Listing ID 26019176

Style Apartment Style,Historic

Year Built 1906

Annual Tax Amount $4,013

Lot Size 3,084 Sqft

Acres 0.0708

Property Sub-Type 5 Family or More

Property Description

Investor Alert! Welcome to this fully rented, gorgeous multifamily building just blocks from Tower Grove Park! Step inside to a clean and updated first and second floor common hallway. This sale is composed of only the west half of this building and has 6 efficient units that have high potential for rent increases and improvements. 3 units on the second floor, and 3 units on the first floor. Perfect for SLU students, Barnes Jewish/Cardinal Glennon employees or any of other prospects vying to live in Shaw at an affordable price. Several updates throughout the building and in a couple units (see supplements). Both floors have direct access to the fully, unfinished basement. There is no laundry and could be added for some easy extra income. Several tenants are going on their second year here. Whether you want to keep it for long-term cash flow, renovate and resale, or explore short term rentals, this property offers many exit strategies. Owner currently pays all utilities for tenants with no RUBS (again, an easy opportunity for more cash flow). Please do not disturb tenants.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Daylight, Interior Entry, Unfinished, Walk-Out Access

Interior

Cooling Central Air

Flooring Hardwood, Laminate

Fireplace N

Appliance Electric Cooktop, Freezer, Refrigerator, Electric Water Heater

Laundry None

Exterior

Parking Features false

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Membrane

Private Pool false

Building

Story 2

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Shenandoah Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Special Listing Condition Standard

Listed by Jay Rios • Rivers Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(618) 979-5271

chadkleinrealty@gmail.com

IL, USA

3648 Shenandoah AVE St Louis, MO 63110