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1068 Sutter Avenue

St Louis, MO 63130
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • ID#: 24014073
Under Contract
UPDATED: 75 min ago
$475,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,928
    SQFT
  • $80
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

GREAT opportunity to own a 10 unit complex close to the Delmar Loop! Nicely Newly Renovated - Updates include new plan flooring throughout, an open living and dining room, master bedroom suite that offers a full bathroom with both new tub and vanity. The kitchen has an electric stove top, fridge and a decent size eat-in area. Washer and dryer connections. Close to public transportation. Decision was made to offer rent specials to fill vacancies before end of the year. Regular rent rate $650. (Pro-Forma $650 x 10 = $6500 a month!) Newer leases reimburse for sewer, can do same for water & trash. These units are super easy to rent and run! All the heavy lifting has already been down. One unit needs some work. One unit in middle of a turnover which will be completed by closing. Some leases need renewal. This is a great money-maker and with so much upside within EASY reach. Compare ROI in this price range! This is the ONE! Selling Largely As-Is

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-04-24T11:40:43.7.

The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
www.beckyoneill.com/homes/148450562
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1068 Sutter Avenue St Louis, MO 63130

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • Updated: 75 min ago
  • ID#: 24014073
0
Beds
0
Baths
0
½ Baths
0.18
Acres
5,928
SQFT
$80
$/SQFT
1959
Built
Neighborhood:
North Cabanne
County:
St Louis
Area:
University City
Elementary School:
Washington Elem.
Middle School:
Normandy Middle
High School:
Normandy High
School District:
Normandy
Property Description
GREAT opportunity to own a 10 unit complex close to the Delmar Loop! Nicely Newly Renovated - Updates include new plan flooring throughout, an open living and dining room, master bedroom suite that offers a full bathroom with both new tub and vanity. The kitchen has an electric stove top, fridge and a decent size eat-in area. Washer and dryer connections. Close to public transportation. Decision was made to offer rent specials to fill vacancies before end of the year. Regular rent rate $650. (Pro-Forma $650 x 10 = $6500 a month!) Newer leases reimburse for sewer, can do same for water & trash. These units are super easy to rent and run! All the heavy lifting has already been down. One unit needs some work. One unit in middle of a turnover which will be completed by closing. Some leases need renewal. This is a great money-maker and with so much upside within EASY reach. Compare ROI in this price range! This is the ONE! Selling Largely As-Is
Exterior Features

Attached Garage YN No Construction Materials Brick Lot Size Dimensions 100X80 Lot Size Source County Records Parking Features On Street

Interior Features

Above Grade Finished Area Source Public Records Cooling Wall Unit(s) Heat Source Electric Heating Forced Air Heating YN Yes Laundry Features Lndry Connect all Un

Property Features

Association St. Louis Association of REALTORS Builder Model Low/1-2 Cable Available Yes Current Financing Cash OnlyConventional Disclosures UnknownOccupancy Perm ReqSellers Discl Not Av Inclusions Building & Land Lease Term Leases Location Corner Location Net Operating Income 0 Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions RenovatedNone Tax Annual Amount 794 Tax Year 2023 Tenant Pays ElectricityOtherSewer Transaction Type Sale Water Source Public

Listing provided courtesy of Provident Property Management: 2653330. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-04-24T11:40:43.7.

The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
 
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The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS
13208 Manchester Road
St. Louis MO, 63131