Listing ID: 21046296
Price: $1,200,000
Price/SqFt: $129.60
Status: Active
Address: 4374 W Pine
City: St Louis
State: Missouri
Postal Code: 63108
SqFt: 9,259
Acres: 0.380
County: St Louis City
Subdivision: Lindells Add 02
St Louis
MO
63108
Located in the heart of the CWE is this incredible investment opportunity- two buildings that are joined totaling 4 massive rental apartments. One building is 4,244 sq feet and the other 5,015 sq feet. 3-4 bedroom units each with 2-3 baths. Rents have been $1,800-$2,400/mo. Tenants pay 95% of utilities including sewer, trash and water. Ample parking for 16 cars on surface lot in rear of property. Laundry room with newer owned machines included for extra income. Covered storage outside and more storage inside. Ideally located blocks from Washington University Medical School, College of Pharmacy, BJC, and St Louis University. Forest Park is 4 blocks away. Well located for the fine shopping, dining and diversity of the super-desirable Central West End. This also could be a great opportunity to turn the 4 units into luxury condos.

Primary Features

Area Description: Central West
County: St Louis City
Miscellaneous: Balcony, Elevator in Residence, Laundry Facl-Commty
Ownership: Private
Parking Description: Off Street, Open Lot, Unassigned
Special Listing Conditions: None
Sr. High School: Roosevelt High
Transaction Type: Sale
Type of Units: 4-Family

Interior Features

Appliances Some: Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s)
Cooling: Central-Electric
Heat Source: Gas
Heating: Forced Air, Radiator(s)
SqFt Source: County Records
SqFt Unknown: no
Water Heat: Gas

Additional

1st Assumable: no
Association: St. Louis Association of REALTORS
Building Description: Apt/InteriorEntrance
Conditions: Unknown
Construction: Brick/Stone Msn Pred
Disclosures: Sellers Discl. Avail
Sewer: Public
Units: 4
Water: Public
Year: 2020

Financial Details

Association Fee Paid: None
Fixed Expenses: None
Gross Operating Income: 103200
Net Income: 81124
Operating Expenses: Other
Possible Buyer Fees: no
Search Price: 1200000
Selling Terms: Cash, Conventional
Taxes Paid: 8427
Tenant Pays: Electric, Gas
Total Expenses: 22076

Location Information

Elementary School: Adams Elem.
FIPS Code: 510
Jr. High School: Fanning Middle Community Ed.
School District: St. Louis City
Street Number Modifier: -4380

External Features

Lot Dimensions: 80 x 213
Lot SqFt: 16553
Lot SqFt Unknown: no

Zoning Info


Listing Courtesy of Ted Wight, Dielmann Sotheby's Intl Realty.


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Contact - Listing ID 21046296

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Ted Wight

8301 Maryland Avenue,Suite 100
St. Louis, MO 63105
Phone: 314.725.0009
Phone Alt: 314.607.5555

Data services provided by IDX Broker
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