3255 Ivanhoe St. Louis Mo 63139
$333,000 (Listed Sold)

Stunning Four Family in Lindenwood Park

*click image to start slideshow

Invest in St. Louis

-This stunning four family located in Lindenwood Park was built in 1925 and was gut rehabbed in 2013.
-The building has two 2 bed units and two 1 bed units, the 2 bed units rent for $875 and the 1 bed units rent for $650.-One 2 bedroom unit has been left vacant for a potential owner occupant.
-2013 gut renovation included all new kitchens with stainless steel appliances, new bathrooms, new windows, new roof, refinished hardwood floors, new electrical, new lighting, new plumbing including new water service and sewer lateral lines, new furnaces and water heaters, central air, new rear decks on the back of the building, new parking pad, intercom system.
-Building has original woodwork and large open hallways.
-Each unit has their own washer/dryer in unit, private storage for each unit in the basement and off street parking spot.
-This building would be ideal for an owner occupant or investor.

Income

2 bed $875

2 bed $875

1 bed $650

1 bed $650

Fully Rented Monthly Income $3,050

Fully Rented Annual Income  $36,600

Monthly Expenses

Water/trash                $104

MSD                            $105

Electric                      $25

Lawn                          $27

Insurance                    $110

Taxes                          $146

Monthly Total             $517

Annual Total               $6,204

 

Priced at an 8.3% Cap rate

Asking $359,000

Paying buyers agents 2.5%

[mappress mapid=”169″]

N/A
Property Details:
Square Footage: 3,360 County: St. Louis City Units: 1-4 Condition: Rehab Needed Occupancy: Fully Occupied Parking: Off Street Parking Heating: Gas Heat Cooling: Central Electric Construction: Brick, Stone Basement: Other
Home Amenities:
  • Some Dishwashers
  • Disposals
  • Microwaves
  • Fridge
  • Washer/Dryer
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.

Search The MLS

Search the MLS below using the city, postal code, address or listing id of the desired property.