4648 Gravois Avenue

    St Louis, MO 63116
    • $650,000
    • STATUS: Active Under Contract
    • ON SITE: 242 days
    • ID#: 18041545
    Under Contract
    UPDATED: 34 min ago
    $650,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 29,304
      SQFT
    • $22
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:

    Description

    NEW PRICE!!! Fantastic INVESTMENT POTENTIAL for this Versatile Building * AN ARCHITECTURAL GEM * 10,000 SqFt of 1-4 store fronts on the Main Level + 16 Apartment units w/over 600 sqft per unit, 3 & 4 Room/1 Bedroom each With Its Own Newer Electric & Furnaces on 2nd and 3rd levels * Basement Parking Garage Possible. Can Be Purchased With Adjacent Building 4658 Gravois mls#17005271 * Concrete Floors Between each floor* Nice Tight Brick & Stone * HUGE ELECTRICAL SERVICE * Owner wants it gone * BEST PRICE Since 2002 !!! * 10 apartments rented @ $480.00 , seller has repainted & cleaned up all the units * 4 store front units approx 2275 sqft each. basement has a parking garage, needs a new ramp. 16 units at $480 per month is $7680/month 0r $ 92,160 per year at $550 per month is $8800 per month or $105,600 per year store front units at $2,000/month $8,000 or $96,000 per year. Gross rent could be $201,600 per year, once up & running, Would be great cash flow

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-22T06:49:10.617.

    Keller Williams Realty West: 636-229-8583
    www.searchallstlouishomes.com/homes/83925642

    4648 Gravois Avenue St Louis, MO 63116

    • Price: $650,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • ID#: 18041545
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    29,304
    SQFT
    $22
    $/SQFT
    1928
    Built
    Neighborhood:
    None
    County:
    St Louis City
    Area:
    South City
    Elementary School:
    Mann Elem.
    Middle School:
    Fanning Middle Community Ed.
    High School:
    Roosevelt High
    School District:
    St. Louis City
    Property Description
    NEW PRICE!!! Fantastic INVESTMENT POTENTIAL for this Versatile Building * AN ARCHITECTURAL GEM * 10,000 SqFt of 1-4 store fronts on the Main Level + 16 Apartment units w/over 600 sqft per unit, 3 & 4 Room/1 Bedroom each With Its Own Newer Electric & Furnaces on 2nd and 3rd levels * Basement Parking Garage Possible. Can Be Purchased With Adjacent Building 4658 Gravois mls#17005271 * Concrete Floors Between each floor* Nice Tight Brick & Stone * HUGE ELECTRICAL SERVICE * Owner wants it gone * BEST PRICE Since 2002 !!! * 10 apartments rented @ $480.00 , seller has repainted & cleaned up all the units * 4 store front units approx 2275 sqft each. basement has a parking garage, needs a new ramp. 16 units at $480 per month is $7680/month 0r $ 92,160 per year at $550 per month is $8800 per month or $105,600 per year store front units at $2,000/month $8,000 or $96,000 per year. Gross rent could be $201,600 per year, once up & running, Would be great cash flow
    Exterior Features

    Building Style Mid-Rise 3Or4 Story Construction Brick/Stone Msn Pred Location City Lot Dimensions 70 X 128 Parking Description On Street ParkingParking GarageUnderground

    Interior Features

    Building Unit Info No Units Furnished Cooling None Heat Source Gas Heating Forced Air Water Heater Gas

    Property Features

    1 Bed Units 18 Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Cross Street Address Itaska Disclosures CityCode Compliance ReqdFlood Plain NoSellers Discl. Avail Gross Operating Income 200000.00 Lot Size Source County Records Net Income 0.00 Occupant Type Vacant Ownership Private Possession NegotiableTenants Rights Possible Buyer Fees YN No Property Type Multi-Family 5+ Sale Includes Building Only Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2016 Taxes Paid 8189 Tenancy Type NoneOther Tenant Pays ElectricGas Total Expenses 0.00 Transaction Type Sale Type Apartment ComplexApt Bldg/Exterior EnApt Bldg/Interior En Water Public

    Listing provided courtesy of Powerhaus Realty. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-22T06:49:10.617.

    Keller Williams Realty West: 636-229-8583
     
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