3150 Arkansas Avenue

    St Louis, MO 63118
    • $589,000
    • STATUS: Active Under Contract
    • ON SITE: 48 days
    • ID#: 19010678
    Under Contract
    UPDATED: 36 min ago
    $589,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,600
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:

    Description

    This immaculate property in red-hot Tower Grove East is a rare turnkey opportunity -- with upside! Building includes six sought-after 1br apartments and two 2-br apartments - fully-rented and cash-flowing. Roof, decks, windows, systems and most kitchens and baths have all been updated, so there are no big-ticket repairs on the horizon. Leases set to renew in June, so now is the time to increase the rents to match your revenue goals. Unbeatable location, just steps from Rooster, Guerilla Street Food and fabulous Tower Grove Park. The many nearby amenities make renting a breeze - current owner has never had an unintentional vacancy! Two units available for showings. Additional units can be seen with accepted contract. Call today for an appointment!

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-04-20T23:48:54.13.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
    www.beckyoneill.com/homes/92306273

    3150 Arkansas Avenue St Louis, MO 63118

    • Price: $589,000
    • Status: Active Under Contract
    • Updated: 36 min ago
    • ID#: 19010678
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,600
    SQFT
    $89
    $/SQFT
    1927
    Built
    Neighborhood:
    Tower Grove Heights
    County:
    St Louis City
    Area:
    Central East
    Elementary School:
    Shenandoah Elem.
    Middle School:
    Fanning Middle Community Ed.
    High School:
    Roosevelt High
    School District:
    St. Louis City
    Property Description
    This immaculate property in red-hot Tower Grove East is a rare turnkey opportunity -- with upside! Building includes six sought-after 1br apartments and two 2-br apartments - fully-rented and cash-flowing. Roof, decks, windows, systems and most kitchens and baths have all been updated, so there are no big-ticket repairs on the horizon. Leases set to renew in June, so now is the time to increase the rents to match your revenue goals. Unbeatable location, just steps from Rooster, Guerilla Street Food and fabulous Tower Grove Park. The many nearby amenities make renting a breeze - current owner has never had an unintentional vacancy! Two units available for showings. Additional units can be seen with accepted contract. Call today for an appointment!
    Exterior Features

    Building Style Low/1-2 Construction Brick/Stone Msn Pred Location CityCorner Location Lot Dimensions 60 X 125 Parking Description On Street Parking

    Interior Features

    Building Unit Info Security SystemSmoke/Alarm DetectorStorage/Locker Area Cooling Central-Electric Heat Source Gas Heating Forced Air Laundry Lndry Connect All Un Water Heater Gas

    Property Features

    1 Bed Units 6 Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS BLDFIN InsuranceManagementMaintenance/Repairs Cable Available Yes Conditions Unknown Contingent Info Subject To Inspec. Cross Street Address Juniata Disclosures City Gross Operating Income 68112.00 Lot Size Source County Records Net Income 41889.00 Ownership Private Possession At ClosingTenants Rights Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2018 Taxes Paid 4427 Tenancy Type Leases Tenant Pays ElectricGas Total Expenses 26223.00 Transaction Type Sale Type Apartment ComplexApt Bldg/Exterior En Water Public

    Listing provided courtesy of Red Key Realty St. Louis. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-04-20T23:48:54.13.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
     
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