NOT LISTED FOR SALE
6 Beds
-- Bath
7,248 Sq Ft
5,101 Sq Ft Lot

Last Sold April 04, 2023

167 Days on Market

Highlights

  • Corner Lot
  • Brick or Stone Mason
  • Forced Air Heating System

About This Home

As of April 2023

READY to be your CASH COW! FULLY RENTED early February!! You don't see returns like this too often, should be a 11+% cap once fully occupied, numbers in process of being updated. Brand new TPO roof with 20 year warranty! Building generally in great shape with low need for maintenance, all tenants are current. Building is managed and can stay in place if desired. Ask your favorite agent for the supplemental documents which will have links to detailed information on Financials and condition as well as a tour of the open units. Note: This building has 3 addresses - 4260 & 4262 Michigan and 3119 Chariton and may appear like a 4 family and a 2 family but is all one parcel. Request your showing while we still have 1 unit open for showing, estimated occupied mid February. The 6th unit is anticipating an institutional renter and that arrangement is taking a little bit of time to secure.

Last Agent to Sell the Property

Lynne Hart

Real Broker LLC License #2015021561 Listed on: 08/28/2022

Real Broker LLC

Last Buyer's Agent

Steven Jones

Coldwell Banker Realty - Gundaker License #2021008982

Coldwell Banker Realty - Gundaker

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1928

Lot Details

  • 5,101 Sq Ft Lot
  • Lot Dimensions are 39 x 27
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • 7,248 Sq Ft Home
  • Brick or Stone Mason

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 6 Units
  • Low-Rise Condominium

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 2655-9-010.000

Property Details

Home Type

Apartment

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Chariton
  • Municipality Township: St. Louis City
  • Age: 95
  • Ownership: Private
  • Year Built: 1928
  • Directions: Please use GPS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 7248

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 39 x 27
  • Lot Sq Ft: 5101
  • Location: City, Corner Location
  • Acres: 0.1171

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric, Gas

Multi Family

  • Building Info: No Units Furnished, Smoke/Alarm Detector
  • Building Number: 1
  • Gross Operating Income: 50040.00
  • Total Units: 6
  • Total Expenses: 11735.00

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1813
  • Assessor Parcel Number: 2655-9-010.000

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold -- -- --
02/12/2023 02/12/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $347,400 0.0% $48 / Sq Ft
01/02/2023 01/02/23 Off Market -- -- --
12/06/2022 12/06/22 For Sale $347,400 0.0% $48 / Sq Ft
12/03/2022 12/03/22 Off Market -- -- --
11/04/2022 11/04/22 For Sale $347,400 0.0% $48 / Sq Ft
11/02/2022 11/02/22 Off Market -- -- --
09/22/2022 09/22/22 Price Changed $347,400 +5.3% $48 / Sq Ft
08/28/2022 08/28/22 For Sale $329,900 -2.7% $46 / Sq Ft
05/10/2021 05/10/21 Sold -- -- --
05/01/2021 05/01/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $339,000 -2.9% $47 / Sq Ft
02/23/2021 02/23/21 Price Changed $349,000 -2.8% $48 / Sq Ft
02/03/2021 02/03/21 For Sale $359,000 +63.9% $50 / Sq Ft
09/08/2020 09/08/20 Sold -- -- --
07/16/2020 07/16/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $219,000 0.0% $30 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $219,000 0.0% $30 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
03/26/2020 03/26/20 Price Changed $219,000 -4.4% $30 / Sq Ft
03/02/2020 03/02/20 For Sale $229,000 +52.7% $32 / Sq Ft
01/05/2018 01/05/18 Sold -- -- --
12/09/2017 12/09/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $150,000 0.0% $21 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
10/17/2017 10/17/17 Price Changed $150,000 -10.7% $21 / Sq Ft
10/09/2017 10/09/17 Price Changed $167,900 -4.1% $23 / Sq Ft
07/19/2017 07/19/17 For Sale $175,000 -- $24 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22056704

MARIS MLS

APN: 265506-00100