Natalie Ransin - Coldwell Banker Premier Group
3936 Cook Ave
St Louis, MO 63113

Description

20 unit building built in 1928 is located about 1 mile from St. Louis University, the Fox Theater, Grand Center and there are a number of new developments nearby. Building is 15,687 sq ft and is operated as a weekly or monthly rental fully furnished with utilities provided. The income in 2017 was $163,730 with expenses of $97,214 with a net income of $66,516, a 19.9% cap rate. Building is priced under $20,000 per unit. There are individual furnaces in each unit. The furniture in the units are included in the sale. There is a lot directly to the west of the building that could also be purchased separately for a parking lot.

Details

MLS#18093743
Sub-TypeResale
StatusActive
Year1929
Days On Site42

Features

SQ Feet15,687
Building(s)1

Market Activity 63113

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63113
AreaNorth
Listing VS Median (in 63113)
Price:
$335,000
low | high
Med:
$32,450
100% of Average
SqFt:
15,687
low | high
Med:
884
100% of Average
$ / SqFt:
$21
low | high
Med:
$8
100% of Average
On Site:
42
low | high
Med:
128.5
32.684824902724% of Average
Listing Updated: 01/17/2019
MLS Number: 18093743
Listing Provided By:
Jordan Schoen  of  Invest St. Louis