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4335 Minnesota AVE St Louis, MO 63111
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Key Details
Sold Price $157,500
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 1,725 sqft
Price per Sqft $91
Subdivision St Louis Commons Add
MLS Listing ID 23011545
Sold Date 05/30/23
Construction Status 108
Year Built 1915
Building Age 108
Lot Size 3,454 Sqft
Acres 0.0793
Lot Dimensions 25x125
Property Description
Welcome to this cash-flowing, turnkey duplex in South City with over an 11% cap rate! Both units are leased as well as the detached garage for additional income. Both furnaces and one of the water heaters were recently replaced! Additional property upgrades include some new windows, fresh paint, kitchen cabinets, and vanities. The upstairs unit has a large bedroom in the front while the downstairs unit has a large walk through bedroom. Each apartment has a sunroom in the back and washer dryer hook ups in the basement. The landlord doesn't pay for ANY utilities allowing for even higher cash flow. The property is being sold "as-is" with the seller to make no repairs. Units can only be viewed with an accepted contract. Don't let this cash cow pass you by!
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Fireplace(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Window Treatment(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 108
Schools
Elementary Schools Meramec Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Private
Listing Terms Cash Only, Conventional, Private
Special Listing Condition No Exemptions, None
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Bought with Brian Miller