3911 Castleman AVE Active

St Louis,MO 63110

$ 895000

- Bed

0 Bath

5766 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,766 sqft

Price per Sqft $155

Subdivision Tyler Place Add

MLS Listing ID 25020731

Year Built 1911

Building Age 114

Lot Size 6,094 Sqft

Property Sub-Type Multi-Family 5+

Property Description

Prime investment opportunity in the heart of the Shaw neighborhood with close proximity to SLU, Tower Grove Park, The Botanical Gardens and many wonderful dining and entertainment options. This beautifully renovated building features six renovated units. All units have in-unit laundry and central HVAC. The building has updated electrical, plumbing and HVAC systems. Rents are stabilized but have significant upside if a new owner decides to do some cosmetic updates. Current rent roll - $7,095, proforma or market rents - $8,400 but can likely be pushed even higher with some cosmetic updates.

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Electric

Laundry Prvt Laund all units

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Adams Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash Only,Conventional

Listing Terms Cash Only,Conventional

Special Listing Condition None

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