$250,000
Gross Yearly Income Calculation includes 3 current leases which are: $1,387; $1,387 and $850 + an estimated of $850/m for the one vacant 2nd floor unit. Two units are currently leased as furnished mid-term rentals; One unit is on a traditional 1 year lease, unfurnished and one 2nd floor unit is vacant. The Unit Layouts are as follows 2nd floor: private bedroom in front, a living room in the middle, bathroom and large eat in kitchen with covered deck off the back.
1st floor: living room, walk-through-bedroom, bathroom, large eat in kitchen and covered back porch.
All units include interior access to basement with laundry, backyard and parking pad. This 4-unit building has provided reliable income for many years and is ready for its new owner or savvy owner occupant. Out-back is a large fenced in yard and parking pad. Like many multi-families this building is offered as-is, which means buyer is welcome and encouraged to complete their own private inspections to decide if they want to take-it-or-leave-it, but seller will not renegotiate contract based on buyers inspection findings. For showings: One 2nd floor unit is vacant and both sides of basement are available. Since the other three units are occupied and out of respect for the tenants privacy; the occupied can be made available for showings on contingency with accepted contract for serious buyers. All units in similar condition. Contact your multi-family experienced agent directly today for access and get it while it lasts!
26058152
MLS
⋅
ACTIVE
Status
4451 Minnesota Ave, St Louis