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2729 Miami ST St Louis, MO 63118
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Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,933 sqft
Price per Sqft $48
Subdivision St Louis Commons Add
MLS Listing ID 22035451
Sold Date 07/25/22
Construction Status 94
Year Built 1928
Building Age 94
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40 x 121
Property Description
Outstanding addition to any investor’s portfolio. Fully rented four-family in South City. Tenants have recently signed new one-year leases at $525 per month each. All tenants current on rent payments and have resided in building ranging from 2-14 years. One BR / one BA apartments are heated/cooled with forced air HVAC units. Property in overall good condition with no known immediate repair needs, so new owner walks into $2200 monthly cash flow on Day One of ownership and annual pre-tax income of more than $20,000. Please do not disturb tenants—they are unaware of sale. No sign in yard; all units shown with accepted offer. Property sold AS-IS; Seller to make no changes or alterations. Please submit offers on Special Sale Contract.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s)
Exterior
Parking Type On Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 94
Schools
Elementary Schools Froebel Elem.
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 Christopher Andoe