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3619 Commonwealth AVE St Louis, MO 63143
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Key Details
Sold Price $355,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,553 sqft
Price per Sqft $99
Subdivision Greenwood
MLS Listing ID 20072249
Sold Date 01/26/21
Construction Status 108
Year Built 1913
Building Age 108
Lot Size 4,312 Sqft
Acres 0.099
Lot Dimensions 32 x 135
Property Description
Rare Opportunity to own a fully-leased four-unit apartment building in a quiet residential area of sought-after Maplewood.
This beautiful red brick building would be a great addition to any investment portfolio. Two bedroom units upstairs, great true one-bedroom units on the first floor. Great opportunity for upside here: currents rents are below market, and could be raised $100-$200 unit with ease! 7.28% Cap Rate with Market Rents -- and, could be more! Units have great layouts. Nice finishes to kitchens and bathrooms, nearly all appliances are stainless steel, multiple bathrooms updated with ceramic tile shower surrounds on the walls. Fenced in backyard in the rear, laundry in the basement.
Central AC, updated electrical panels, lots of updated plumbing and windows. Roof replaced recently.
Call today before it’s gone – it’s been almost two years since another four unit building in Maplewood has come available on the open market. Don’t miss out!
Location
State MO
County St Louis
Area Maplewood-Rchmnd Hts
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Type On Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 108
Schools
Elementary Schools Mrh Elementary
Middle Schools Mrh Middle
High Schools Maplewood-Richmond Hgts. High
School District Maplewood-Richmond Heights
Others
Acceptable Financing Cash Only, Conventional, Exchange, FHA, VA
Listing Terms Cash Only, Conventional, Exchange, FHA, VA
Special Listing Condition None
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Bought with Sarah Bernard