Residential Income in St Louis

$375,000

3644-3646 Bates, 63116, St Louis, MO

Residential Income for sale in St Louis, 3644-3646 Bates, 63116, 3552 m²

3644-3646 Bates, 63116, St Louis, MO

$375,000

3552
Type: Residential Income

Description

Attention Investors - FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46, 020 in annual rental income with reported annual operating expenses of approximately $10, 393, producing an estimated Net Operating Income (NOI) of $35, 627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call now for more information

Location

3644-3646 Bates, 63116, St Louis, MO

Data

Object TypeResidential Income
Purchase Price$375,000
Living Space3552 m²
Plot Size619.98 m²
BathroomsN/A
Construction Year1927
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1927
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent