$409,000

2925 Wyoming St

St Louis MO, 63118

Description

Excellent investment property; fully occupied with seven units total (2 units on first floor, 3 units on second floor, 2 units on third floor). Formerly a first floor bar with second & third floor apartments, fully rehabbed in 2011/2012 and bar was converted to an apartment unit. HVAC is all electric, each unit has its own system. Two car garage in the back is utilized by tenants. The building has been professionally managed since it's rehab and is in good condition. Current rental rates: Studio - $450/month 1 br - $600/month 1 br - $550/month 1 br - $650/month 1 br - $595/month 1 br - $550/month 3 br - $750/month Please note, gross operating income listed is actual as of 9/2020; actual expenses are unknown, estimating 30% op ex ratio to determine NOI. AS-IS sale.

Details

MLS#20068456
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year0
Days On Site40

Features

Building(s)1

Market Activity 63118

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Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63118
AreaCentral East
Listing VS Median (in 63118)
Price:
$409,000
low | high
Med:
$168,900
100% of Average
On Site:
40
low | high
Med:
8
100% of Average
Listing Updated: 10/27/2020
John Sheahan LogoMLS Number: 20068456
Listing Provided By:
John Sheahan  of  DESCO Residential