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(314) 887-7653
Real Estate Company
3526 Giles Ave, St Louis, MO 63116
- $383,000
- 3,848
- SqFt
- Sold Price
- $383,000
- List Price
- $400,000
- Closing Date
- Dec 20, 2023
- Days on Market
- 113
- MLS#
- 23051804
- Status
- CLOSED
- Living Sq. Ft
- 3,848
- Lot Size
- 7,292
- Acres
- 0.17
- Year Built
- 1912
- Subdivision
- Hunts Add
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Check out this attractive 4-family with 1-bed units (2 private, 2 walkthrough), loaded with updates! All units were extensively renovated in 2019 with kitchens, bathrooms, in-unit laundry, plumbing (pex water lines and mostly PVC stacks), some electric, some new windows, paint, floor refinishing, lighting fixtures, and appliances. Heating and cooling is via mini split; 3528 new in '22, the others new in '19. New silicone coating roof in '22. New sewer lateral to the street in Aug '23. Grocery stores, Civil Life Brewery, restaurants, and public transportation all nearby. Parking is on street or at rear of the lot. All tenants are up to date and reliable. Vacant unit was most recently rented for $900. Get them all to that level and watch your returns grow! See RPV for breakdown; with current rents and 900 for the vacancy, income = 3210 x 12 = 38,520 - operating expenses of 9698 = NOI of 28,822, making this a 7.2% cap at asking price.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Oak Hill Elem.
- Jr. High School
- Fanning Middle Community Ed.
- Sr. High School
- Roosevelt High
- Parking Description
- No Driveway, Off Street, On Street
- Cooling
- Other
- Sewer
- Public Sewer
- Heating
- Electric
- Water
- Public
- Selling Terms
- Cash, Conventional, 1031 Exchange
Listing courtesy of Tammy K Derrigan. Radius Realty
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
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