$129,000

3900 Iowa Ave

St Louis MO, 63118

Description

Fantastic opportunity to own a REVENUE GENERATING duplex in South City. Wood floors and newer windows throughout. Since its renovation last year, this property has been problem free. No leaks, tuckpointing has been done. Basement has W/D hook-ups. Outstanding tenants have been placed with active lease agreements. Combined monthly income from rent is $1344.00. First floor unit is a shot gun style 2/1. One bedroom is private, the other is a pass through from the living room to the kitchen. Second floor unit is a true 2/1 with 2 private bedrooms. Professional property management company has kept building in outstanding condition. Parking available behind the building. Tenants were placed with occupancy permits in place. Building is in great shape, tenants are happy and there are no pending maintenance repairs needed. Truly a hidden gem. Instant money maker for the new owner. Property will be shown with an accepted contract.

Details

MLS#21007364
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1927
Days On Site26

Features

SQ Feet1,994
Units2
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:
$129,000
low | high
Med:
$149,900
33.798449612403% of Average
SqFt:
1,994
low | high
Med:
2,200
39.669007021063% of Average
$ / SqFt:
$65
low | high
Med:
$68
44.679140239605% of Average
On Site:
26
low | high
Med:
74
35.135135135135% of Average
Sourced by Back At You
Listing Updated: March 1, 2021 8:01:01 PM PST
Lisa Dzafic LogoMLS Number: 21007364
Listing Provided By:
Lisa Dzafic  of  Berkshire Hathaway Alliance
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.