$310,000
$315,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
7401 Rupert AVE St Louis, MO 63117
2,542 SqFt
Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,542 sqft
Price per Sqft $121
Subdivision Pennsylvania Park 2
MLS Listing ID 18095044
Sold Date 01/29/19
Construction Status 93
Year Built 1926
Building Age 93
Lot Size 5,314 Sqft
Acres 0.122
Lot Dimensions 33x53x79x49x130
Property Description
You don't want to miss out on this income producing duplex in Richmond Heights. The building is located on a beautiful street on a corner lot, with a patio for entertaining, decks off of each unit, and a detached 2 car garage. Each unit is 1200+ sq ft, 2br/1b with wood flooring, updated bathrooms, and some new windows and new paint in the 2nd floor unit. Close to grocers, dining, and entertainment.
Perfect for an owner occupant or an investor, it has solid tenants already in place (1 m2m, 1 lease). Potential to increase rents with no work, or even more with targeted cosmetic upgrades. Maintenance/repair costs elevated in 2018 due to painting, plaster repair, and some new windows. Self-managed in a typical year at current rent rates net income approaches $17,000. With minimal work you can have this building firing on all cylinders!
Location
State MO
County St Louis
Area Maplewood-Rchmnd Hts
Interior
Heating Radiator(s)
Cooling Window Unit(s), Electric
Fireplace N
Appliance Some Dishwasher(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Storm Door(s), Some Storm Window(s), Washer/Dryer
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 93
Schools
Elementary Schools Mrh Elementary
Middle Schools Mrh Middle
High Schools Maplewood-Richmond Hgts. High
School District Maplewood-Richmond Heights
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Susan Morrow