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2842 Iowa AVE St Louis, MO 63118
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Key Details
Sold Price $81,680
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 4,341 sqft
Price per Sqft $18
Subdivision Durant Add
MLS Listing ID 20019321
Sold Date 09/15/20
Construction Status 129
Year Built 1891
Building Age 129
Lot Size 3,476 Sqft
Acres 0.0798
Lot Dimensions 31 x 122
Property Description
Incredible potential in this large Benton Park West multi-family building. One unit, 2844 1st floor, is rented at $395 per month (current occupancy certificate). 2844 2nd floor is ready to rent (current occupancy certificate). Unit 2842 1st floor has been gutted and framed, ready for finishing out. Unit 2842 2nd floor needs renovation. The full unfinished attic would be a great opportunity to expand the two upper units to town-home units, thus really increasing rental income potential. Full basement is unfinished. One parking pad out back reserved for future upstairs tenant, but plenty room to expand. Fenced rear yard. Covered entrances at rear of building. This is an "AS-IS" sale. Special Sales Contract only. Seller does not plan to clean out vacant units, attic & basement. Structural Report and Inspections can be emailed upon request. Cash, Hard-Money Loan or Rehab Loan only. No FHA or Conventional loans because. Broker License # 2012029611. Licensee # 1999090686.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Wall/Window Unit(s), Ceiling Fan(s)
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s)
Exterior
Parking Type Additional Parking
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 129
Schools
Elementary Schools Sigel Elem. Comm. Ed. Center
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 None
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Bought with Neshobey Payne