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Great 4-Family Investment Opportunity in Dutchtown

4714 South Grand Blvd., St. Louis, MO 63111
$104,900

Description

Great returns in South City without having to do a ton of renovation work and find new tenants? You don’t find that often in this market, but that is what is you will find with this property. The spacious layouts in each unit include a large kitchen with dining area, as well as a large bonus room in the rear. All units are on forced air heat and have modern circuit breakers. Windows on the main building (not the bonus room additions) are newer vinyl. The property has been owned by the same owners for a long time and the building truly offers a stable, turn-key situation for any buyer. Cap off your 2015 by adding this great investment to your portfolio.

Two units are occupied with long-term tenants (5+ and 6+ years) at $450 and $548 (landlord covers electric for this tenant), one has a newer tenant at $500, and the fourth unit is vacant for showings, but is otherwise rent-ready.

Detail

Updated on October 24, 2017 at 4:52 pm

  • Status: Sold
  • Property ID: 12262
  • Price: $104,900
  • Sqft: 3700
  • Lot Size: 0.15 Sqft
  • Units: 4
  • Bedrooms: 4
  • Bathrooms: 4
  • Property Tax: $890
  • Property Type: Multi-Family 2-4
  • Address: 4714 South Grand Boulevard
  • City: St. Louis
  • State/county: Missouri, St. Louis City
  • Zip/Postal Code: 63111
  • Neighborhood: Dutchtown
  • Country: United States

Contact info

Riahna Kastner
Riahna Kastner
314.332.1044
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