NOT LISTED FOR SALE
-- Bed
2 Baths
2,180 Sq Ft
3,437 Sq Ft Lot

Sale Details

Date Sold: September 19, 2024

23 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • 4-minute walk to Marquette Park

About This Home

As of September 2024

FULLY OCCUPIED 3 Unit building producing a 10.5% return!! Have a completely turnkey investment generating $19k NOI annually! Or, if you prefer to play the value add game, update units 1 and 2 when their leases expire in July and August, and take advantage of high market rents! Unit 1 has been in place via Section 8 nearly 8 years, Unit 2 is rented via St. Patrick's center, and the Rear studio unit is recently rented to a market tenant. Interior photos are of Unit 2 and the Rear unit prior to being rented. While cosmetic updates hasn't been the focus for this building, you'll find lots of the big stuff already done and in great condition! New Roof 2017, and Water Heaters / HVAC in 2013 - one in 2023. Unit 1 has window units. Can be packaged with a two family at 4243 Meramec (24045572) for five total units!

Last Agent to Sell the Property

Lynne Hart

Real Broker LLC License #2015021561 Listed on: 07/22/2024

Real Broker LLC

Last Buyer's Agent

Lynne Hart

Real Broker LLC License #2015021561 Listed on: 07/22/2024

Real Broker LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1905

Lot Details

  • 3,437 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Parking

  • No Driveway
  • On-Street Parking

Schools

  • Meramec Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Net Operating Income $19,450

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 2629-00-0070-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$482

Year Built

Built in 1905

Lot Details

3,437 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1905
  • Directions: Meramec to North on Michigan
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.0789
  • Co List Office Phone: 4500442
  • Subdivision Name: Southeast
  • Age: 119
  • Total Expenses: 4190.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Refrigerator(s), Some Range Oven(s)

Exterior Features

  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Driveway: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s), Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Meramec Elem.
  • Junior High Dist: St. Louis City
  • High School: Roosevelt High
  • Middle Or Junior School: Long Middle Community Ed. Center

Lot Info

  • Lot Dimensions: irr
  • Lot Size Sq Ft: 3437
  • Parcel Number: 2629-00-0070-0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Leases,Section 8,Subsidized Rents
  • Sub Lease: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 482
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 19450
  • Type Of Units: 3-Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Bought by

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 16, 2024
Sold by
Bought by
Seller's Agent
Lynne Hart
Real Broker LLC
Buyer's Agent
Lynne Hart
Real Broker LLC
List Price
$185,000
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- None Listed On Document
-- Continental Title
-- None Available
$86,299 None Available
-- Title One Llc
-- Title One Llc
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $129,750
Previous Owner $28,000
Previous Owner $108,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold -- -- --
08/15/2024 08/15/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $185,000 -- $85 / Sq Ft
07/18/2024 07/18/24 Off Market -- -- --
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,097 $13,060 $930 $12,130
2025 $506 $13,060 $930 $12,130
2024 $482 $5,710 $930 $4,780
2023 $482 $5,710 $930 $4,780
2022 $445 $5,050 $930 $4,120
2021 $445 $5,050 $930 $4,120
2020 $442 $5,050 $930 $4,120
2019 $440 $5,050 $930 $4,120
2018 $435 $4,830 $930 $3,900
2017 $428 $4,830 $930 $3,900
2016 $433 $4,830 $930 $3,900
2015 $395 $4,830 $930 $3,900
2014 $388 $4,830 $930 $3,900
2013 -- $4,750 $930 $3,820
Source: Public Records

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Map

Source: MARIS MLS

MLS Number: MIS24045468

MARIS MLS

APN: 262900-00700

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