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    4906 W Florissant Avenue

    St Louis, MO 63115
    • $849,900
    • STATUS: Active
    • ON SITE: 222 days
    • ID#: 20064732
    Price Reduced
    UPDATED: 83 min ago
    $849,900
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,812
      SQFT
    • $51
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:

    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!

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-13T23:49:20.983.

    Parson Realty Group: 314-614-9731
    www.parsonrealtygroup.com/homes/109675077
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    4906 W Florissant Avenue St Louis, MO 63115

    • Price: $849,900
    • Status: Active
    • Updated: 83 min ago
    • ID#: 20064732
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    16,812
    SQFT
    $51
    $/SQFT
    1930
    Built
    Neighborhood:
    City/Stlouis
    County:
    St Louis City
    Area:
    North
    Elementary School:
    Walbridge Elem. Community Ed.
    Middle School:
    Yeatman-Liddell Middle School
    High School:
    Sumner High
    School District:
    St. Louis City
    Property 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!
    Exterior Features

    Building Style Low/1-2 Construction Brick Veneer PredomBrick/Stone Msn Pred Location CityCorner Location Lot Dimensions Irr Parking Description Guest ParkingOn Street ParkingParking Lot

    Interior Features

    Building Unit Info No Units FurnishedSecurity SystemSmoke/Alarm Detector Cooling Central-Electric Heat Source Gas Heating Forced Air Laundry Coin OperatedCommon Laundry Water Heater Gas

    Property Features

    1 Bed Units 14 Assoc Fee 0 Assoc Fee Paid None Association St. Charles County Board of REALTORS BLDFIN InsuranceLicenses/PermitsManagementMaintenance/Repairs Cable Available Yes Conditions Unknown Cross Street Address Euclid Disclosures Flood Plain No Efficiency Rent 550 Efficiency Units 2 Gross Operating Income 107520.00 Lot Size Source County Records Net Income 84242.00 Ownership Private Possession At ClosingNegotiable Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Some Include RefrigeratorRange/Oven Special Description Renovated Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 3334 Tenancy Type Leases Tenant Pays ElectricGasWater Total Expenses 23278.00 Transaction Type Sale Type Apartment ComplexApt Bldg/Interior En Water Public

    Listing provided courtesy of Keller Williams Realty West. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-13T23:49:20.983.

    Parson Realty Group: 314-614-9731
     
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    Parson Realty Group
    856 Waterbury Falls Dr Suite 200
    O'Fallon MO, 63368