$104,400
$99,900
4.5%For more information regarding the value of a property, please contact us for a free consultation.
5331 Patton St Louis, MO 63112
Key Details
Sold Price $104,400
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Wells Goodfellow
MLS Listing ID 24026363
Sold Date 07/10/24
Construction Status 114
Year Built 1910
Building Age 114
Lot Dimensions 50x138
Property Sub-Type Multi-Family 2-4
Property Description
This three family has 3 townhouses with 2-3 bedrooms, one and a half bathrooms in each unit. Patton is a one block long street with a cul de sac. The building was rehabbed about 20 years ago with new plumbing, electrical, and windows. The rents are low because of rent restrictions related to the rehab and financing. Many restrictions will be removed at the sale. The remaining restriction limits existing tenants to a 7% rent increase per year for five years, then no restrictions. The currently vacant unit will not have any restrictions for a new tenant. Also, existing tenants cannot be evicted except for good cause (no payment, lease violations, etc.) Occupied apartments only shown with an accepted contract.
Location
State MO
County St Louis City
Area Central West
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Some Wall to Wall Carpet, Some Window Treatment(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 114
Schools
Elementary Schools Laclede Elem.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner 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 Tammy Derrigan