$135,700
$139,900
3.0%For more information regarding the value of a property, please contact us for a free consultation.
5424 Michigan AVE St Louis, MO 63111
2,400 SqFt
Key Details
Sold Price $135,700
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $56
Subdivision Michigan Ave
MLS Listing ID 24050688
Sold Date 11/22/24
Construction Status 118
Year Built 1906
Building Age 118
Lot Size 3,581 Sqft
Acres 0.0822
Lot Dimensions irr
Property Description
PRICE REDUCED! affordable duplex in Carondelet. Two units at about 1200 square feet, have 1BD/1BA each and a ton of space. The upstairs unit has a bonus room over the stairwell that could be an office or additional sleeping space. Want something you can put your own touches on? This is it! Owners have cared for the building responsibly for over a decade, and refrained from cosmetic updates while renting to section 8 and St. Patrick's center. 1FL Accepted Lease starting 9/13/24, 2FL anticipates a renter move in before 10/1 so now is your chance to house hack, add value, or anything else you may desire! Currently there is one occupancy permit and the second is anticipated next week. Seller prefers to allow buyers their options to do as they please with the next tenants, but may consider placing tenants within their current programs. Easy access to highway 55! Bot units are about to rent for 775/month (current condition), meaning this could perform well above the 1% rule.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 118
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Elizabeth Smith