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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,780 sqft
Price per Sqft $178
Subdivision Shaws Lafayette Add
MLS Listing ID 26025368
Sold Date 10/13/26
Style Traditional
Year Built 1922
Annual Tax Amount $328
Lot Size 8,385 Sqft
Acres 0.1925
Property Sub-Type 2-4 Units
Property Description
Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. This property is tax abated until 2029. Big ticket items like electric panels & PVC plumbing have all been recently replaced. All units have been renovated. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 710sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement 8 ft + Pour, Block, Storage Space, Unfinished
Interior
Heating Forced Air, Gas
Cooling Ceiling Fan(s), Central Air, Electric
Fireplace N
Appliance Dishwasher, Free-Standing Electric Oven, Refrigerator, Washer/Dryer
Laundry In Unit
Exterior
Parking Features false
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Roof Type Architectural Shingle
Private Pool false
Building
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Cote Brilliante Elem.
Middle Schools Elias Michael Elem.
High Schools Vashon 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
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Bought with Victor Franklin
NEARBY SCHOOLS & BUSINESSES
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