$895,000

4906 W Florissant Ave

St Louis MO, 63115

Description

Excellent investment opportunity to pick up a cash flowing rental complex with 16 units. This old world charm building produces monthly net income of $7,000+! Fourteen 1 Bedroom units & Two efficiency units. Complex consists of 4 private entrances, each with 4 units. Property currently has 15 occupied units with one in the process of being leased. Complex includes private parking lot and on street parking. Tons of updates throughout! The building has two basement areas offering private storage for each unit and coin operated laundry adding to the operating income. Building also offers additional storage for the building maintenance and a garage in the back of the building off the parking lot. Located across from Bellefontaine Cemetery. Minutes from OFallon Park and Hwy 70. Don't miss this opportunity to pick up this nicely updated one of a kind investment property today!

Details

MLS#20064732
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1929
Days On Site47

Features

SQ Feet16,812
Building(s)1

Market Activity 63115

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Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63115
AreaNorth
Listing VS Median (in 63115)
Price:
$895,000
low | high
Med:
$60,000
100% of Average
SqFt:
16,812
low | high
Med:
3,080
100% of Average
$ / SqFt:
$53
low | high
Med:
$19
100% of Average
On Site:
47
low | high
Med:
783
6.002554278416% of Average
Listing Updated: 10/19/2020
Mike Galbally LogoMLS Number: 20064732
Listing Provided By:
Mike Galbally  of  Keller Williams Realty West