$445,000
$447,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
2748 Keokuk St Louis, MO 63118
13,310 SqFt
Key Details
Sold Price $445,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 13,310 sqft
Price per Sqft $33
Subdivision Dutchtown
MLS Listing ID 20043767
Sold Date 08/13/20
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions See Lot Size
Property Sub-Type Multi-Family 5+
Property Description
12 Units - Average rent of $555
Excellent investment opportunity to purchase a cash flowing portfolio of three adjoining four family buildings.
Seller prefers to sell as a package, but is willing to sell off individually. If sold individually price is $160k per building.
The building has minimal operating expenses due to $35,160 of recent Capital Expenditures. 10 of the 12 units have been completely renovated… floors, painting, bathrooms, kitchen appliances and new doors. New roofs replaced on two of the buildings.
New A/C for all 12 of the units.
Individually metered gas and electric, common water/sewer.
There is a potential to raise rents with all of the work that has recently been done.
Located in highly desirable Dutchtown.
This portfolio presents an incredible opportunity for the new owner to enjoy great cash flow.
Buyer to verify building square footage.
Tenants are not aware of the Sale, please do not disturb them.
2748-50 Keokuk
2752-54 Keokuk
3906-08 California
Location
State MO
County St Louis City
Area Central East
Interior
Heating Individual Furnaces
Cooling Electric
Fireplace N
Laundry Common Laundry
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Meramec 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 Renovated, None
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Bought with Timothy McCarthy