2827 Russell Blvd, St Louis, MO 63104

$400,000
4,014
SqFt

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Sold Price
$400,000
List Price
$400,000
Closing Date
Sep 05, 2024
Days on Market
76
MLS#
24036123
Status
CLOSED
Living Sq. Ft
4,014
Lot Size
2,426
Acres
0.06
Year Built
1881
Subdivision
RUSSELL PL ADDN
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Opportunities like this truly do not come around often! Check out this mixed use 4 family in the heart of Fox Park featuring a corner storefront space, 1 bedroom 1st floor apartment plus two 2nd & 3rd floor 2 Bedroom 1.5 Bathroom Townhouses. The upside on this building is massive as current rents are well below market. The commercial space which was used previously by the property manager is a blank slate ready for the creative vision of its new owner. The building is in solid shape and has been updated over the years including a new roof within the last 3 years, tuckpointing, PVC plumbing and more. One of the townhomes was renovated more recently and the current tenant is set to vacate at the end of July so a new owner will not have to wait long to increase cash-flow or move in themselves. The other 2 units are in good shape as well and little work is needed to achieve market rent. Live/Work or Invest, either way this property is a must see! Building in good shape but Selling AS-IS.

Additional Information

School District
St. Louis City
Elementary School
Hodgen Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Parking Description
Off Street, On Street
Cooling
Central Air, Electric
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional, FHA, VA Loan

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Listing courtesy of St. Louis Real Estate Society. Selling Office: St. Louis Real Estate Society.

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