St Louis, MO 63116,4770 Kings
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St Louis, MO 63116,4770 Kings
St Louis, MO 63116,4770 Kings
St Louis, MO 63116,4770 Kings
St Louis, MO 63116,4770 Kings

$968,000

Est. payment /mo

$995,000

2.7%
Est.Price: ?

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4770 Kings St Louis, MO 63116

15,767 SqFt

SOLD DATE : 03/26/2020

Key Details

Sold Price $968,000

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 15,767 sqft

Price per Sqft $61

Subdivision Kingshighway Terrace Add

MLS Listing ID 20003081

Sold Date 03/26/20

Construction Status 54

Year Built 1966

Building Age 54

Lot Size 0.314 Acres

Acres 0.314

Lot Dimensions 81 x 184

Property Description

Outstanding opportunity to purchase a well maintained 20 unit apartment complex located on a quiet street in Princeton Heights neighborhood. Built in 1966 this building has many upgrades including a recently replaced TPO fully adhered roof, 2 recently updated units, updated vinyl windows, all units have central air with 8 newer condensers, some newer furnaces, exterior paint, etc. Potential to raise rents and add value with additional cosmetic updates to the units. There are 12 one bedroom units and 8 two bedroom units. The updated 2 bedroom unit is currently being marketed at $735 and the 1 bedroom at $565. 2 bedrooms in the area rent from $600-$800 with 1 bedrooms renting from $500-$700 depending on updates and size. Building features off street parking, storage units in the basement for tenants, there are washer and dryer hookups and potential to add additional income with laundry in the basement. The 2019 rental income was $121,113. Inquire for more detailed financial information

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Laundry Other

Building

Sewer Public Sewer

Water Public

Structure Type Brick Veneer

Construction Status 54

Schools

Elementary Schools Buder Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Private, Other

Listing Terms Cash Only, Conventional, Private, Other

Special Listing Condition None

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Listed by Jordan Schoen • Invest St. Louis
Bought with David Nations

Suzanna Wolfe

Broker | License ID: 2007010758

+1(573) 245-8774

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