4220 Dewey Ave., 63116
$117,500 (Listed Sold)

Fully Rented Turn-Key South City 4 Family – Recent Renovated – Beautiful Property

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Invest in St. Louis

Opportunity to own a fully rented turn-key 4 family that underwent a 2010 full renovation. The renovation included new electric, plumbing, flooring, windows, rubber roof, decks, dishwashers, stoves, and fridges. In addition there are new cabinets, toilets, sinks, tile back splashes and showers. There are two separated walk out basements with washer/dryer hook ups and lots of room for storage. Renovation included new water service, front and rear doors, kitchens are all wired for over the range microwaves. New concrete was added all around and front stairs 2012. There are also 4 parking spots for off street parking in the rear of the building. Rents for the building are $520, $495, $485, $495 for a total monthly collection of $1,995.00, generates $23,940.00 gross rent annually. Return on investment after fixed expenses is 15%. Current management can stay in place if buyer is interested. This one won’t last!

 

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Property Details:
Square Footage: 3,536 County: St. Louis City Units: 1-4 Condition: Turn Key Occupancy: Fully Occupied Parking: On Street Parking Heating: Gas Heat Cooling: Central Electric Construction: Brick, Stone Basement: Other
Home Amenities:
  • Some Dishwashers
  • Disposals
  • Microwaves
  • Fridge
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

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