4317 California AVE new Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63111
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $80
Subdivision St Louis Commons Add
MLS Listing ID MIS25015765
Year Built 1927
Lot Size 3,690 Sqft
Property Sub-Type 2-4 Units
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-mo
Area 3 - South City
Interior
Heating Forced Air,Electric
Cooling Central Air,Electric
Exterior
Parking Features false
Fence Fenced
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Meramec Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Special Listing Condition Standard