Jane Ahl - Coldwell Banker Premier Group
4648 Gravois Ave
St Louis, MO 63116

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 plus 14 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 !!! * 9 apartments rented @ $485.00 , seller has repainted & cleaned up all the units renting for $450 to $550 per unit. 4 store front units approx 2275 sqft each . basement has a parking garage, needs a new ramp. 14 units at $450 per month is $7200 per month 0r $ 86,400 per year at $550 per month is $8800 per month or $105,600 per year store front units at $2,000 per month $8,000 or $96,000 per year. Gross rent could be $201,600 per year, once up & running, Would be great cash flow

Details

MLS#18041545
Sub-TypeResale
StatusActive
Year1927
Days On Site152

Features

SQ Feet29,304
Units1
Building(s)1

Market Activity 63116

Loading Form

Loading Form

Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63116
AreaSouth City
Listing VS Median (in 63116)
Price:
$650,000
low | high
Med:
$129,250
100% of Average
SqFt:
29,304
low | high
Med:
994
100% of Average
$ / SqFt:
$22
low | high
Med:
$137
100% of Average
On Site:
152
low | high
Med:
96
100% of Average
Listing Updated: 10/22/2018
MLS Number: 18041545
Listing Provided By:
John Rocchio  of  Powerhaus Realty