4501 Wichita AVE Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63110
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 3,720 sqft
Price per Sqft $174
Subdivision Gibson Heights Add
MLS Listing ID 25003404
Year Built 1925
Building Age 100
Lot Size 6,373 Sqft
Property Sub-Type Multi-Family 2-4
Property Description
Well-maintained property close to Forest Park, Barnes Hospital, Wash U. Medical School, The Botanical Gardens, Cortex,
restaurants, nightlife, and SLU campus. The building features thoughtfully designed updated units featuring modern kitchens with stainless steel appliances, updated bathrooms, hardwood floors, and stained glass windows. The HVAC, plumbing, and electric is updated, including exterior service. The interior entry has beautiful marble walls and tile floors. There is a decorative clay tile roof, along with a brick garage and with private fenced backyard. Situated in a rapidly developing neighborhood driving strong rental demand and steady income potential. Rents are $1,095, $1,195, and $1,295. Comparable units in the area lease for $1,500+ per month, providing the ability to raise rents significantly. The average rent for 49 two bed apartments within 1.5 miles is $1,565. The property generates over $3,500 in monthly income from 3 units, ideal for owner-occupants.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Schools
Elementary Schools Adams Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only,Conventional,Other
Listing Terms Cash Only,Conventional,Other
Special Listing Condition Other,None
Virtual Tour https://my.matterport.com/show/?m=EVFjh9eQJ1W&mls=1