$ 335,000
-
$335,000
Price -
8
Bed -
4
Bath -
4,020
SqFt
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About the Listing WCLK01 - TDERRIGA
Welcome to this spacious 4-family in University City within walking distance of Heman Park, the bustling Delmar Loop, and just 1.5 miles from Washington University! Each unit features two bedrooms, one bathroom, a living room with decorative fireplace, eat-in kitchen, hardwood floors, ceramic tile in the bathrooms, and lots of light. Existing rents are $760 (longtime tenant), $835, $845, and $895 resulting in a gross annual income of $40,020. Less annual operating expenses of $14,579 that's an NOI of $25,441 - a 7.59% cap at asking price. It's fully occupied so there are no showings without an accepted offer, but videos of the exterior and basement are available for your review. Improvements since acquisition in 2018: new architectural shingle roof, boots, and gutters; central air added to three units; two new electric panels; W/D hookups added in basement; some new appliances; three units updated with refinished floors, updated kitchen hardware and counters, and more. See addendum for more detail. Stacks are PVC. Two furnaces are located in the units rather than the basement. The residential building is in Zone X (500-Year). All but one corner of the detached garage is in Zone AE; see addendum for more detail. Seller's lender does not require flood insurance but lenders vary, so buyers should check with their loan officer.
Listing Highlights
Status
Active With Contingency
Days on Site
58
Property Type
Multi-Family
MLS ®
26000218
Year Built
1940
Total Square Footage
4,020
Lot/Acreage
0.23
County
St. Louis
Neighborhood
Bellemoor Park Amd
School District
University City
Elementary School
Pershing Elem.
Middle School
Brittany Woods
High School
University City Sr. High
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Free-Standing Gas Range, Refrigerator
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces: 4, Decorative
- Floor: Ceramic Tile,Hardwood
- Above Ground Sq Ft: 4020
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof: Architectural Shingle
- Others:
- Sewer:
- Parking Features: Detached,Garage,On Street
Financial Details
- Tax Amount: $4,534
- Taxes w/Assessments: N/A
- Tax/Property ID: 17H-13-1371
- Tax Year: 2024
Payment Calculator
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Questions About..
1118 Ursula Ave University City, MO 63130
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