Allan Seals - Coldwell Banker Premier Group
4463 Castleman Ave
St Louis, MO 63110

Description

9 unit bldg extensively rehabbed in the hot, hot, hot Southwest Gardens neighborhood. All 1 bed apartments. All kitchens renovated, 6 of 9 bathrooms renovated, All 3 plumbing stacks replaced, east side lateral line being replaced right now, all HVAC is newer. Newer roof. Newer electrical. Thermal replacement windows throughout, steel replacement doors on rear of units, rear fire escapes torn off and very nice wood decks/exit stairs installed. Private, fenced back yard. a block from Botanical Gardens. 7.0% cap rate on 2017 actual income and expenses. Building has history of near-100% occupancy. Rents below market.

Details

MLS#18061360
Sub-TypeResale
StatusActive
Year1926
Days On Site110

Features

SQ Feet7,428
Building(s)1

Market Activity 63110

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63110
AreaSouth City
Listing VS Median (in 63110)
Price:
$720,000
low | high
Med:
$264,900
100% of Average
SqFt:
7,428
low | high
Med:
2,816
100% of Average
$ / SqFt:
$97
low | high
Med:
$94
52.951526988637% of Average
On Site:
110
low | high
Med:
165
66.666666666667% of Average
Listing Updated: 11/13/2018
MLS Number: 18061360
Listing Provided By:
Paul Cunningham  of  RE MAX Results