3644-3646 Bates ST, St Louis, MO 63116
3644-3646 Bates ST, St Louis, MO 63116
3644-3646 Bates ST, St Louis, MO 63116
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$375,000
Est. payment /mo
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3,552 SqFt
Active

3644-3646 Bates ST St Louis, MO 63116

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Danielle Jordan

Danielle Jordan

+1(573) 308-5933

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $105

Subdivision Garnd Dover Park

MLS Listing ID 26051182

Style Apartment Style

Year Built 1927

Annual Tax Amount $3,161

Lot Size 6,673 Sqft

Acres 0.1532

Property Sub-Type 2-4 Units

Property Description

Attention Investors - FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46,020 in annual rental income with reported annual operating expenses of approximately $10,393, producing an estimated Net Operating Income (NOI) of $35,627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call now for more information

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen

Heating Forced Air

Cooling Central Air

Fireplace N

Laundry In Basement, Electric Dryer Hookup, Multiple Locations, Other, Washer Hookup

Exterior

Parking Features false

View Y/N No

Building

Lot Description City Lot

Story 2

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Woerner Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Christoph Dewald • EXP Realty, LLC

NEARBY SCHOOL & BUSINESS

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Danielle Jordan

Danielle Jordan

Broker/Salesperson

+1(573) 308-5933

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