Fully occupied investment property with great returns

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

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.

Details

Updated on October 24, 2017 at 4:54 pm
  • Property ID: 11494
  • Price: $80,725
  • Property Size: 3052 Sqft
  • Land Area: .18 Sqft
  • Bedrooms: 4
  • Bathrooms: 4
  • Property Type: Multi-Family 2-4
  • Property Status: Sold
  • Address 3614 Gasconade Street
  • City St. Louis
  • State/county Missouri, St. Louis City
  • Zip/Postal Code 63116
  • Area Dutchtown

Contact Information

Riahna Kastner
Matt Kastner

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Riahna Kastner
  • Riahna Kastner