$265,000

3465 S Spring Ave

St Louis MO, 63116

Description

Great South City investment opportunity! Located in desirable Tower Grove South, this is a package for four duplexes in one structure at 3465, 3467, 3469, and 3471 S. Spring, each building separately deeded - please refer to tax records for each address. It is a mix of currently rented/rent supporting units, and 3 units that need cosmetic work (3469 1st and 2nd, and 3465 2nd). Rents in the rented units are $450 (3467 1st and 2nd), and $425 (3471 2nd, 3465 1st). 3471 1st was just rehabbed and ready for a tenant at $450. Seller has done various updates during ownership, including installing many thermal vinyl windows, a new 50 year torch down rubber roof (2019), some updated baths, some new flooring, some updated electric, some updated plumbing, and some newer furnaces. With targeted updates/renovation this property could be a very strong cash-flowing property!

Details

MLS#19066434
Sub-TypeResale
StatusPending - Show
Year1913
Days On Site18

Features

SQ Feet5,888
Building(s)1

Market Activity 63116

Loading Form

Loading Form

Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63116
AreaSouth City
Listing VS Median (in 63116)
Price:
$265,000
low | high
Med:
$134,900
99.094339622642% of Average
SqFt:
5,888
low | high
Med:
2,599
100% of Average
$ / SqFt:
$45
low | high
Med:
$52
34.67390215395% of Average
On Site:
18
low | high
Med:
101
17.821782178218% of Average
Listing Updated: 09/20/2019
MLS Number: 19066434
Listing Provided By:
William Springer  of  Berkshire Hathaway Alliance