$715,000
$695,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
4448 Morganford St Louis, MO 63116
11,655 SqFt
Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 11,655 sqft
Price per Sqft $61
Subdivision Newport Place Add
MLS Listing ID 21013907
Sold Date 04/16/21
Construction Status 59
Year Built 1962
Building Age 59
Lot Size 0.347 Acres
Acres 0.347
Lot Dimensions 53' x 88'
Property Description
Here's your opportunity to own a well run and very well maintained complex in south city.
Besides the building the property features a large nicely landscaped side yard for the tenants' enjoyment.
A P&L is attached but covers only part of last year, when our company took over management.
We can continue to manage, or you can or have another PM company do it.
We have intentionally waited to sign new leases in anticipation of the sale, as there is room for increases!
12 units total, 6- 2bedroom units and 6 -1 bedroom units, each have 1 bath
We have left 2 apartments vacant for showings and your own tenants:
a 1 Bedroom unit J which is approx 384sq feet
and a 2 bedroom unit L which is approx 750 sq feet
Basement coin operated laundry
2 car garage only with additional income of $25.00 each garage
9 off street parking spaces.
We prefer to accompany your showing; however, we have put a lockbox on for your convenience.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Coin Operated, Common Laundry
Exterior
Amenities Available Some Balc/Some Terrc, Recreation Facilities
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Brk/Stn Veneer Frnt
Construction Status 59
Schools
Elementary Schools Oak Hill Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only, Conventional, Seller May Pay SmCls
Listing Terms Cash Only, Conventional, Seller May Pay SmCls
Special Listing Condition Renovated, None
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Bought with Priya Soni