$449,000

4940 Odell

St Louis MO, 63139

Description

Southwest Gardens four-family located less than a block from Tower Grove Park and a short walk to the Botanical Gardens and The Hill. This four family has been renovated throughout. These apartments are approximately 800 square feet and feature renovated kitchens including updated cabinets, updated appliances with dishwashers, tile floors. Bathrooms were renovated with new flooring, tiled shower surround with rain showerheads and updated vanities. Building has off-street parking for each tenant, central air with recently replaced furnaces and condensers, pvc stacks, updated electric panels. Roof was replaced approximately 3 years ago. Building is fully rented for a total of $3,445 a month which fully rented annually would be $41,220 annually. With expenses at $7,900 annually if fully rented the building would generate a net income of $33,320 which is a 7.4% cap rate. There was a total of 9 weeks of vacancy for all of the units combined in the building in 2020.

Details

MLS#21002642
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1916
Days On Site42

Features

SQ Feet3,450
Golf CourseN
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Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63139
CountySouth City
Listing VS Median (in 63139)
Price:
$449,000
low | high
Med:
$179,900
100% of Average
SqFt:
3,450
low | high
Med:
1,624
100% of Average
$ / SqFt:
$130
low | high
Med:
$111
64.882689501574% of Average
On Site:
42
low | high
Med:
115
36.521739130435% of Average
Listing Updated: January 19, 2021 7:51:50 AM PST
Jordan Schoen LogoMLS Number: 21002642
Listing Provided By:
Jordan Schoen  of  Invest St. Louis

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