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About the Listing TWRG01 - ESCHULTZ
PRICE REDUCTION!!! Don't miss this fully occupied, cash-flowing opportunity in the historic Wells-Goodfellow neighborhood. This one offers an 11% cap rate and a 21% return. Previously a four family, this has been converted to two townhouse style units each containing three bedrooms and two bathrooms. Each unit's main floor contains a living room, dining room, large eat-in kitchen, and a half bath. Upstairs you'll find three additional bedrooms and a full bath. Both tenants are long term and are on annual leases, providing an investor peace of mind. This building brings in $1,500 per month with long term paying tenants- so you're doing much better than the "1% rule". While this one delivers a great return as-is, there is plenty of upside to upgrade the units and get significantly higher rent. Priced to move, so bring us your offer! Showings only with an accepted contract so tenants aren't disturbed. Potential to package with 5892 Highland Ave- another duplex just blocks away. Make an offer for both! Owner is a licensed agent (not listing agent).
Listing Highlights
Status
Pending
Days on Site
118
Property Type
Multi-Family
MLS ®
25073377
Year Built
1915
Total Square Footage
3,556
Lot/Acreage
0.13
County
St Louis City
Neighborhood
Burds Arlington Grove Add
Area
4 - Central West
School District
St. Louis City
Elementary School
Ford-Ford Br. Elem. Comm. Ed.
Middle School
Langston Middle
High School
Sumner High
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Free-Standing Gas Range, Refrigerator, Water Heater
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3556
- Below Ground Sq Ft: n/a
- Basement: Storage Space,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,City Lot
- Garage Capacity: N/A
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $307
- Taxes w/Assessments: N/A
- Tax/Property ID: 4531-00-0150-0
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1942 Clara Ave St Louis, MO 63112
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