$529,000

4947 Arsenal

St Louis MO, 63139

Description

Renovated 4 family steps from Tower Grove Park. Building is 4,114 sq ft not including enclosed bonus rooms. Units are 1,000+ sq ft and feature central HVAC, hardwood floors, stained glass and newer vinyl windows, recently updated kitchens with high end kitchen cabinets, updated tile floors and countertops, dishwashers, original wood built in cabinets and a breakfast bar. Bathrooms are all completely updated with new shower surrounds, flooring, vanity, toilet, etc. Building has a recently replaced pitched roof, updated plumbing with PVC stacks, recently replaced siding on the bonus rooms. Furnaces, water heaters, condensers were replaced. Roof is approximately 4 years old. Rents are $1,000, $975, $975 and tenant moving in for $1,030. If fully rented this building rents for $3,980 a month which is $47,760 annually with annual expenses at $8,007. If fully rented the annual net income would be $39,753 which would be a 7.5% cap rate. There was only 3 weeks of total vacancy in 2020.

Details

MLS#21002373
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1924
Days On Site42

Features

SQ Feet4,114
Golf CourseN
Loading Form
Loading Form
Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63139
CountySouth City
Listing VS Median (in 63139)
Price:
$529,000
low | high
Med:
$179,900
100% of Average
SqFt:
4,114
low | high
Med:
1,624
100% of Average
$ / SqFt:
$129
low | high
Med:
$111
63.850303109315% of Average
On Site:
42
low | high
Med:
115
36.521739130435% of Average
Listing Updated: January 19, 2021 7:46:49 AM PST
Jordan Schoen LogoMLS Number: 21002373
Listing Provided By:
Jordan Schoen  of  Invest St. Louis

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Maris MLS.

Real Estate Links Our Domains