$270,000
$269,900
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4154 Fairview AVE St Louis, MO 63116
3,128 SqFt
Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $86
Subdivision Russells Add 02
MLS Listing ID 19041398
Sold Date 07/10/19
Construction Status 79
Year Built 1940
Building Age 79
Lot Size 4,748 Sqft
Acres 0.109
Lot Dimensions 41x113x43x113
Property Sub-Type Multi-Family 2-4
Property Description
Fantastic four family in desirable Tower Grove South! This well-maintained property has a lot to love, not least of which is its income potential. Currently produces almost $24,000 in gross income, and all tenants are under market and due for a rent raise. One tenant gets a break on rent for helping keep place clean. Detached 4 car garage could potentially add $200/mo to income, as it is not currently used by tenants. At market property would rent at $695. With garage spot included, up to $750/unit. That could push GI up to $36,000/year.
Units are spacious with plenty of living area and large bedrooms. Each has sun room off back bedroom. Hard wood throughout.
Many big ticket items have been addressed - double hung vinyl windows (ca. 2014); exterior tuckpointing; newer HVAC; electric panels replaced; some pvc plumbing. Basement is clean and dry with lots of storage space and laundry areas for each unit. Close to dining/entertainment/shopping, etc. Don't miss out!
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric
Fireplace N
Appliance Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Washer/Dryer
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 79
Schools
Elementary Schools Mann Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Joseph Hostman