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Fully occupied investment property with great returns

3614 Gasconade St., St. Louis, MO 63116
$80,725

Description

This well maintained 4-family is great income generator. Each of the 4 units is occupied and in solid condition. Each unit is comfortable and cozy, and is serviced by a gas forced-air furnace and window air.  The building is located on a quiet block just west of Grand. You don’t find returns like this often in this market!

All units are currently occupied: 3614 at $400 ending 11/30/15; 3614A at $400 on M2M ; 3616 at $400 ending 4/30/16; 3616A at $375 ending 4/30/16. The parking lot in the rear is also rented for $100 a month to PNC Bank. Rents could be increased to appx $425 each with little to no work.

Detail

Updated on October 24, 2017 at 4:54 pm

  • Status: Sold
  • Property ID: 11494
  • Price: $80,725
  • Sqft: 3052
  • Lot Size: 0.18 Sqft
  • Units: 4
  • Bedrooms: 4
  • Bathrooms: 4
  • Property Tax: $858
  • Property Type: Multi-Family 2-4
  • Address: 3614 Gasconade Street
  • City: St. Louis
  • State/county: Missouri, St. Louis City
  • Zip/Postal Code: 63116
  • Neighborhood: Dutchtown
  • Country: United States

Contact info

Riahna Kastner
Riahna Kastner
314.332.1044
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