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(314) 887-7653
Real Estate Company
4157 Potomac St, St Louis, MO 63116
- $355,000
- 3,550
- SqFt
- Sold Price
- $355,000
- List Price
- $349,000
- Closing Date
- Jul 11, 2024
- Days on Market
- 33
- MLS#
- 24036505
- Status
- CLOSED
- Living Sq. Ft
- 3,550
- Lot Size
- 4,617
- Acres
- 0.11
- Year Built
- 1929
- Subdivision
- Russell Add 02
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Quality four family building located in popular Tower Grove South walking distance to Tower Grove Park, Botanical Gardens, shops/restaurants on Morganford and Grand. Nearly 900sf units all in similar "B" finish. Lower units are shotgun/walkthrough. Exterior condition great; new TPO roof a/o August 2022, all vinyl windows, all capped/enclosed in aluminum. Systems of various ages. Off-street parking in rear for ~4 vehicles. Currently fully occupied w/ rents avg ~$0.75/sf. With proforma/market rents at ~$1.00/sf ($895/unit), the building delivers a near 9% cap rate w/ a 1.42 DSCR at list price with current interest rates. Extensive media (including full video walkthrough of all units, basement, & exterior), 3D scans of two units, and documentation (survey etc) are available in supplements. Please ask your agent to provide them to you (specifically, the brochure which has links).
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Additional Information
- School District
- St. Louis City
- Elementary School
- Mann Elem.
- Jr. High School
- Fanning Middle Community Ed.
- Sr. High School
- Roosevelt High
- Parking Description
- Off Street, On Street, No Driveway
- Cooling
- Central Air, Electric
- Sewer
- Public Sewer
- Heating
- Natural Gas, Forced Air
- Water
- Public
- Selling Terms
- Cash, Conventional, 1031 Exchange, FHA, Other, VA Loan
Listing courtesy of Patrick J Kavanagh. Invest St. Louis
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.