3155 Gustine Avenue, St Louis, MISSOURI 63116

$475,000
4,394
SqFt
List Price
$475,000
Days on Market
11
MLS#
21023694
Status
PENDING
Living Sq. Ft
4,394
Lot Size
5,750
Sq. Ft. Above
4,394
Acres
0.132
Year Built
1910
Age
111
Subdivision
J W Russell Estate Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

BACK ON DUE TO BUYER FINANCING - UPDATE new top rent is at $1075 - Looking for an investment property or a new home in the heart of Tower grove south? We have a large 4 family just south of the park, botanical gardens, & Slu. Walk to tons of hotspots: King & I, Rooster, Pho Grand and Starbucks just to name a few. The building was gut rehabbed: new plumbing, piping, roof (brand new 2021), windows, electric - the list goes on and on. Units are nice 2 bed + 1 bath - approx. 1000 + sq ft with basic kitchens and baths, spacious floor plans and hardwood floors. There is tons of upside to push rents, add some personal touches to increase equity or sit back and just collect cash flow. Get in north of an 8 + cap rate.

Additional Information

Gross Operating Income
44940
Total Expenses
$9,315
School District
St. Louis City
Elementary School
Adams Elem.
Jr. High School
Blewett Middle
Sr. High School
Beaumont Cte High School
Construction
Brick/Stone Msn Pred
Parking Description
On Street Parking
Operating Expenses
Fixed Expenses, Maintenance
Cooling
Central-Electric, Individual Units
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Electric
Price Per Sq. Ft
108.1
Taxes Paid
1601
Buyer's Agent Commission
2.25
Selling Terms
Cash, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of St. Louis Apartment Experts, LLC.

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