BEDS0
BATHS
SQUARE FEET3,412
MLS#26019708
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSt Louis U Tr Add
SCHOOLSt Louis City
Property Description
Four-Family Investment Opportunity With Immediate Upside Potential In A Classic Brick Building. This Property Features Two Units On The First Floor And Two Units On The Second Floor, Offering A Proven And Efficient Layout Ideal For Long-Term Rental Stability.Three Units Are Currently Tenant-Occupied With Long-Term Residents On Month-To-Month Agreements Paying $425 Per Month, Providing Consistent Cash Flow With The Flexibility To Adjust Rents To Market Rates. One First-Floor Unit Is Vacant And Available For Showings, Presenting An Excellent Opportunity For Immediate Value-Add Through Renovation And Lease-Up.The First-Floor Units Are Serviced By Forced Air Systems, While The Second-Floor Units Utilize Baseboard Heat, Offering A Diverse Mechanical Setup With Potential For Future Efficiency Improvements. The Property's Solid Brick Construction Reflects Early 20th Century Craftsmanship With Strong Structural Integrity.This Asset Is Ideal For Investors Seeking A Value-Add Opportunity With Significant Rental Upside. With Below-Market Rents In Place And Month-To-Month Tenancies, Investors Can Strategically Increase Income While Enhancing Property Condition Over Time.Whether You Are Looking To Expand Your Portfolio Or Execute A Renovation And Reposition Strategy, This Property Offers A Compelling Combination Of Current Income, Operational Flexibility, And Long-Term Appreciation Potential. Call Your Full Time Realtor For Questions Or To Schedule Your Showing Today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s), Window Unit(s)
Heating: Baseboard, Electric, Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.10 Acres
Roof Type: Flat
Taxes: $245
Year Built: 1916
Feature Descriptions
Exterior: Brick
Fencing: Chain Link
Laundry: In Basement
Lot: Corner Lot
Parcel#: 3395-00-0010-0
Parking: On Street
Parking Notes: On Street
SQFT. Above Grade: 3412
Units: 4
Water: Public
Local Schools
High School: Vashon High
Middle School: Yeatman-Liddell Middle School
Elementary School: Bryan Hill Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: MORE, REALTORS
Shown By
Agent Name: Belinda Rhoads
Agent Phone: (314) 578-7378
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 594.40 per month $544.81 Principal & Interest $20.42 Property Tax $29.17 Homeowner's InsuranceChange Payment Information
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4200 College Avenue | MLS# 26019708
This multi-family property located at 4200 College Avenue , Saint Louis, MO 63107 is currently listed for sale with an asking price of $100,000. College Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.belindarhoads.com today.