$224,900

3141 Oregon Ave

St Louis MO, 63118

Description

Beautiful 1890's 4-Family Apartment Building In Benton Park West! Excellent Positive Cash Flow For Serious Investors - Don't Miss This Opportunity. Net Income = $21,892/Yr. Start Earning Instantly At Closing With A 9.7% Cap Rate. Great Tenants Are Friendly And Reliable. Easy To Rent These Affordable & Large 1 Bed 1 Bath Units (Approx. 850 Sq Ft Each). 2 Units Have An Optional Walk-Thru 2nd Bedroom/Office/Etc. Great Location Close To Benton Park (5 Blocks) & Tower Grove Park (7 Blocks). Solid Brick Construction, Private Entrances, Forced Air Heating, Updated Electrical Service (Inside And Out) Hardwood Flooring. Bonus Unfinished 3rd floor Could Be Used As Extra Storage Or Turned Into Additional Living Space For The Upper 2 Units, If Desired. See Supplements Attached To Listing For Rental Verification And Other Seller Info Documents. Fully Leased & Occupied - Listing Agent Shall Accompany All Showings. Please Do Not Approach The Property Or Building Without An Appointment.

Details

MLS#21010068
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1890
Days On Site9

Features

SQ Feet3,482
Units4
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:
$224,900
low | high
Med:
$149,900
83.348154735438% of Average
SqFt:
3,482
low | high
Med:
2,200
86.81792073521% of Average
$ / SqFt:
$65
low | high
Med:
$68
44.50830672218% of Average
On Site:
9
low | high
Med:
74
12.162162162162% of Average
Sourced by Back At You
Listing Updated: February 28, 2021 8:01:12 PM PST
Listing Provided By: Sara Blandino of Realty Exchange
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the St. Louis Association of REALTORS.