We are out of hold status while we were waiting for a few bids to come back. Fantastic value in this well maintained four family in Mount Pleasant featuring two renovated vacant units that are rent ready and ideal for investors looking to add immediate income. The other two units… Read More are occupied and professionally managed, currently generating $650 and $645 per month. Rents in the area are in the $700-$750 range so there is a lot of upside for the new buyer. The units boast original hard wood flooring, living rooms, and private bedrooms with an attached sunroom. Clean basement with updated electrical panels, PVC stacks, and some PEX plumbing. Perfect for 1031 exchanges, growing investment portfolios, or first-time multi-family buyers. Can be purchased in a package with three other four families 5516 S Grand (MLS# 25076144), 4127 Virginia (26016314), and 4124 Virginia Ave (25076198). Seller is selling as is. No seller financing deals will be considered. Video walk throughs of the occupied units are linked on the listing. The roof is being coated and re-flashed this week. There is a sewer lateral issue that the seller is willing to credit for with a reasonable offer. Those were taken prior to the tenants move in. Two vacant units and the basement can be shown. Occupied unit can be shown with an accepted contract. Schedule this one today! Read Less
Listing courtesy of Mogul Realty, 314-865-1170.
Listing Snapshot
Days Online
69
Last Updated
Property Type
2-4 Units
Square Ft.
2,780
Lot Size
0.11 Acres
Year Built
1928
MLS Number
26005828
Additional Details
Appliances & Equipment
"Oven", "Refrigerator"
Basement
Basement: "Unfinished", Basement
Building
Above Grade Finished Area: 2780 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Historic", Below Grade Finished Area: 0 Sq.Ft., Below Grade Finished Area Source: Other, Construction Materials: "Brick", Levels: "Two", Living Area: 2780 Sq. Ft., Number Of Units Total: 4, Year Built: 1928
Community
Neighborhood: Mount Pleasant
Cooling
Cooling: "Ceiling Fan(s)", "Window Unit(s)"
Disclosures
Disclosures: "Flood Plain No", "Lead Paint"
Fence
Fencing: "Chain Link"
Heating
Heating: "Forced Air", "Natural Gas"
Income
Net Operating Income: 6971
Laundry
Features: "In Basement"
Lot
Features: "Level", Lot Size Acres: 0.1118, Lot Size Source: Public Records, Lot Size Square Feet: 4870.01 Sq.Ft.
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