Description
Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio and PRICED TO SELL and instant equity. Comps in area for similar 1 bed/1 bath are well over this price point (4133 and 4130 McRee) and new construction homes sprinkled throughout are contributing to the rapidly increasing price points. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With rents below market value, this building has the potential of an over 8.0% CAP RATE when increased. Each unit is approximately 650sf with a spacious living room, kitchen, bathroom, 1 bedroom & a private in-unit laundry area. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
Details
| MLS # | 26059676 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 54 |
| Listing Provided By | The Hermann London Group LLC | Nidhi Soni |
Features
| SQ Feet | 3,570 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.13 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Forced Air, Hot Water |
| Interior Features | Ceiling Fan(s), Open Floorplan, Solid Surface Countertop(s), Stone Counters |
| Appliances | Stainless Steel Appliance(s), Dishwasher, Disposal, Free-Standing Electric Oven, Refrigerator, Washer/Dryer Stacked, Water Heater |
Exterior
| Roof | Architectural Shingle, Flat |
|---|---|
| Construction Materials | Brick, Stone |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Concrete, Parking Pad |
Location
| Senior Community Yes / No | No |
|---|
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
Taxes
| Property | 1784 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63110 |
| Area | South City |
| Community Name | Shaws Lafayette Ave Add 3 |
| School District | Vashon High |
| Elementary School | Adams Elem. |
| High School | Vashon High |
| Listing VS Median (in Shaws Lafayette Ave Add 3) | |
Price: $565,000 low | high Med: $565,000 sqft: 3,570 low | high Med: 3,570 $ / sqft: $158 low | high Med: $158 On site: 54 low | high Med: 54 | |
Market Activity 63110
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63110 |
| Area | South City |
| Community Name | Shaws Lafayette Ave Add 3 |
| School District | Vashon High |
| Elementary School | Adams Elem. |
| High School | Vashon High |
| Listing VS Median (in Shaws Lafayette Ave Add 3) | |
Price: $565,000 low | high Med: $565,000 sqft: 3,570 low | high Med: 3,570 $ / sqft: $158 low | high Med: $158 On site: 54 low | high Med: 54 | |
