St Louis, MO 63139,3464 Watson
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St Louis, MO 63139,3464 Watson
St Louis, MO 63139,3464 Watson
St Louis, MO 63139,3464 Watson
St Louis, MO 63139,3464 Watson
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$ 450,000
Est. payment /mo
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3464 Watson St Louis, MO 63139

3,420 SqFt


UPDATED:

12/16/2024 08:24 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Pending

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $131

Subdivision Southwest Park Add

MLS Listing ID 24071700

Construction Status 77

Year Built 1947

Building Age 77

Lot Size 5,358 Sqft

Acres 0.123

Lot Dimensions 44X122

Property Description

This updated all brick 4-family features 1-bedroom, 1-bath units. Each unit has a large living room, dining room, kitchen and 3 season room off of the bedroom. All units have hardwood floors throughout, nice kitchens and bathrooms. The building has newer forced air heat and central A/C. The basement features private washer dryer hook ups and tenant storage space. There is a parking pad in the rear of the building with 4-spaces. Updated electric and main drain stacks in the basement. Just steps from great restaurants, Ted Drews, Lindenwood Park and Hampton/Chippewa shopping center. This is a great investment with a competitive cap rate. Don't miss your chance!
Long term tenants at lower rent, neighborhood market rents at $995/mo. Gross operating rent and net income calculated off of market rents with 8.02% cap rate.
See attached Proforma.

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Some Refrigerator(s), Some Range Oven(s)

Building

Sewer Public Sewer

Water Public

Structure Type Brk/Stn Veneer Frnt

Construction Status 77

Schools

Elementary Schools Mason Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None


Listed by G. David Voges • Berkshire Hathaway Advantage
agent

Keagan Marten

Agent | License ID: 475.206207

+1(217) 710-7047

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3464 Watson