St Louis, MO 63111,4317 California AVE
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St Louis, MO 63111,4317 California AVE
St Louis, MO 63111,4317 California AVE
St Louis, MO 63111,4317 California AVE
St Louis, MO 63111,4317 California AVE
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4317 California AVE St Louis, MO 63111

2,112 SqFt


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Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $82

Subdivision St Louis Commons Add

MLS Listing ID 25015765

Construction Status 98

Year Built 1927

Building Age 98

Lot Size 3,690 Sqft

Acres 0.0847

Lot Dimensions 123x30

Property Sub-Type Multi-Family 2-4

Property Description

BACK ON THE MARKET, BUYER HAD A CAR ACCIDENT PRIOR TO INSPECTIONS & TERMINATED, no fault of seller. Spacious UPDATED Duplex with CAP RATE OF 9.5% after expenses deliver strong cash flow with rents at $20,580/year ($865, $850). One unit has 2 Bedrooms and 1 Bath, and the other is a very large 1 Bedroom and 1 Bath. Units share a full basement. This well-maintained, fully occupied cash cow was fully rehabbed less than 10 years ago with updated plumbing, newer kitchen & baths, newer windows, newer water heaters, individual forced air furnaces and central air units. All electric property. With low operating costs & updated components, it provides a great return for investors seeking steady cashflow income. Great cash flow opportunity on this building in better than average condition. Excellent opportunity for a savvy investor to Buy & Hold. Tenant occupied, no showings without an accepted offer. Convenient location near Highway 55 and Downtown.

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Some Refrigerator(s), Some Range Oven(s)

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 98

Schools

Elementary Schools Meramec Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, FHA, RRM/ARM, VA

Listing Terms Cash Only, Conventional, FHA, RRM/ARM, VA

Special Listing Condition Rehabbed, Renovated, None


Listed by Jessica Vargas • Nettwork Global
agent

David Cisler

Managing Broker / Appraiser | License ID: 471.003145

+1(618) 781-1745

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4317 California AVE