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About the Listing MORE01 - CROESELE
Four-Family Investment Opportunity With Immediate Upside Potential In A Classic Brick Building. This Property Features Two Units On The First Floor And Two Units On The Second Floor, Offering A Proven And Efficient Layout Ideal For Long-Term Rental Stability. Three Units Are Currently Tenant-Occupied With Long-Term Residents On Month-To-Month Agreements Paying $425 Per Month, Providing Consistent Cash Flow With The Flexibility To Adjust Rents To Market Rates. One First-Floor Unit Is Vacant And Available For Showings, Presenting An Excellent Opportunity For Immediate Value-Add Through Renovation And Lease-Up. The First-Floor Units Are Serviced By Forced Air Systems, While The Second-Floor Units Utilize Baseboard Heat, Offering A Diverse Mechanical Setup With Potential For Future Efficiency Improvements. The Property’s Solid Brick Construction Reflects Early 20th Century Craftsmanship With Strong Structural Integrity. This Asset Is Ideal For Investors Seeking A Value-Add Opportunity With Significant Rental Upside. With Below-Market Rents In Place And Month-To-Month Tenancies, Investors Can Strategically Increase Income While Enhancing Property Condition Over Time. Whether You Are Looking To Expand Your Portfolio Or Execute A Renovation And Reposition Strategy, This Property Offers A Compelling Combination Of Current Income, Operational Flexibility, And Long-Term Appreciation Potential. Call Your Full Time Realtor For Questions Or To Schedule Your Showing Today!
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
26019708
Year Built
1916
Total Square Footage
3,412
Lot/Acreage
0.1
County
St Louis City
Neighborhood
St Louis U Tr Add
Area
5 - North
School District
St. Louis City
Elementary School
Bryan Hill Elem.
Middle School
Yeatman-Liddell Middle School
High School
Vashon High
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Wall/Window Unit(s),Window Unit(s)
- Heating: Baseboard,Electric,Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3412
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Flat
- Others: Balcony
- Sewer:
- Parking Features: On Street
Financial Details
- Tax Amount: $245
- Taxes w/Assessments: N/A
- Tax/Property ID: 3395-00-0010-0
- Tax Year: 2025
Payment Calculator
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Questions About..
4200 College Ave St Louis, MO 63107
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