5424 Michigan Ave, St Louis, MO 63111
- $135,700
- 2,400
- SqFt
- Sold Price
- $135,700
- List Price
- $139,900
- Closing Date
- Nov 22, 2024
- Days on Market
- 100
- MLS#
- 24050688
- Status
- CLOSED
- Living Sq. Ft
- 2,400
- Lot Size
- 3,581
- Acres
- 0.08
- Year Built
- 1906
- Subdivision
- Michigan Ave
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
PRICE REDUCED! affordable duplex in Carondelet. Two units at about 1200 square feet, have 1BD/1BA each and a ton of space. The upstairs unit has a bonus room over the stairwell that could be an office or additional sleeping space. Want something you can put your own touches on? This is it! Owners have cared for the building responsibly for over a decade, and refrained from cosmetic updates while renting to section 8 and St. Patrick's center. 1FL Accepted Lease starting 9/13/24, 2FL anticipates a renter move in before 10/1 so now is your chance to house hack, add value, or anything else you may desire! Currently there is one occupancy permit and the second is anticipated next week. Seller prefers to allow buyers their options to do as they please with the next tenants, but may consider placing tenants within their current programs. Easy access to highway 55! Bot units are about to rent for 775/month (current condition), meaning this could perform well above the 1% rule.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Woodward Elem.
- Jr. High School
- Lyon-Blow Middle
- Sr. High School
- Roosevelt High
- Parking Description
- No Driveway, On Street
- Cooling
- Window/Wall
- Sewer
- Public Sewer
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- Cash, Conventional
Mortgage Calculator
Listing courtesy of Real Broker LLC. Selling Office: RE/MAX Results.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
