4 Family in Tax Incentive Opportunity Zone

  • $119,900
3828 illinois 63118

Description

Located in an “Opportunity Zone” (tax incentive districts designated by the State of MO), this 4 family offers its new owner a ready-to-go investment. The property was built in 1959 and is a bit more efficient (both in the use of space and in utility costs) than some of the older buildings in the area. Repair costs can be lower too for this same reason since the property more closely adheres to modern codes and standard sizing. The 4 units are all on the ground floor and the only stairs are down into the 2 separated basements. Each unit features wood flooring, living & dining room combo, kitchen, full bath and 1 private bedroom. 3 units are occupied and the 4th is currently being advertised. 2 of the tenants have lived there for years and the 3rd moved in last spring. The tenant that just moved from the 4th unit was also a long term tenant. There is street parking both in the front and in the rear plus easy access to public transit. Sold in As Is condition but is in good shape. Buy it!

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
3828 #A 3 $0 1 1 578 8/31/2019
3828 #B 3 $0 1 1 578 6/30/2019
3830 #A 3 $0 1 1 578 4/30/2019
3830 #B 3 1 1 578

Details

Updated on March 1, 2019 at 10:20 am
  • Property ID: 19003153
  • Price: $119,900
  • Property Size: 2313 Sqft
  • Land Area: 7268 Sqft
  • Bedrooms: 4
  • Bathrooms: 4
  • Year Built: 1959
  • Property Type: Multi-Family 2-4
  • Property Status: Sold
  • Address 3828-3830 Illinois
  • City St. Louis
  • State/county Missouri, St. Louis City
  • Zip/Postal Code 63118
  • Area Marine Villa

Contact Information

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Riahna Kastner

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Riahna Kastner
  • Riahna Kastner