(c.) 1905: Turn-key, spacious, and easy-to-rent 4 unit apartment building in the centrally located Gate District neighborhood! This large 4,950 sq ft building offers 4 units each with excellent layout comprised of two 2 bed/1bath units (main level), and two 3 bed/1 bath units (upstairs). One unit is available for… Read More potential owner occupant! Tall ceilings, large rooms, and reorganized floor plans that pulled the kitchen to the center of the unit for a more modern feel. Note that none of the bedrooms here are pass-through/shotgun style... All 4 units are of a similar caliber & finish as one another, each offering large living rooms, eat-in kitchens with large pantries, spacious updated bathrooms and tons of closet space. Central AC and heating in all units. Some updates to sewer stack, vinyl windows, newer circuit breaker electric panels, & one newer hvac unit. Situated right between highways 44 and 40, this location is close to many great pockets such as South Grand/Tower Grove Park, Lafayette Square and the Central West End for example. Current rents are $950/$1185/$1200. Under market value for a building of this size, there's lots of room to continue to add and create value here! This building would be a wise addition to any investor's portfolio — or would make a great owner occupant option as well (with one first floor 2 bedroom unit available for owner occupant at closing). Read Less
Listing courtesy of RedKey Realty Leaders Circa, 314-352-5200.
Listing Snapshot
Days Online
56
Last Updated
Property Type
2-4 Units
Square Ft.
4,950
Lot Size
0.13 Acres
Year Built
1905
MLS Number
26048436
Additional Details
Basement
Full, Unfinished
Building
Built in 1905, Living area: 4950, 1 building, Levels: Two, Construction Materials: Brick, Stone
Community
4 units in community
Cooling
Central Air
Disclosures
Seller Property Disclosure
Floors
Laminate, Tile
Heating
Forced Air
Income
Gross Income: $40,020, Net Operating Income: $24,869
Lot
0.1289 acres
Owner Pays
Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Trash, Water
Parking
On Street
Taxes
Parcel Number: 2127-00-0080-0, Annual Amount: $3,376, Legal Description: C. B. 2127 HENRIETTA 54 FT 4 IN X 104 FT 10 1/4 IN /105.03 FT ST LOUIS COMMONS ADDN BLK 7 BD E 36 FT 7 IN W WL OF PENNSYLVNIA, Year: 2025
Utilities
Cable Available, Water Source: Public, Ameren
Windows
Double Pane Windows
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