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4 Family in Tax Incentive Opportunity Zone

3828 illinois 63118
$119,900

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!

Detail

Updated on January 23, 2019 at 11:19 am

  • Status: Under Contract
  • Property ID: 19003153
  • Price: $119,900
  • Sqft: 2313
  • Lot Size: 7268 Sqft
  • Units: 4
  • Rooms: 12
  • Bedrooms: 4
  • Bathrooms: 4
  • Property Tax: $649
  • Year Built: 1959
  • Property Type: Multi-Family 2-4
  • Address: 3828-3830 Illinois
  • City: St. Louis
  • State/county: Missouri, St. Louis City
  • Zip/Postal Code: 63118
  • Neighborhood: Marine Villa
  • Country: United States

Contact info

Riahna Kastner
Riahna Kastner
314.332.1044
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