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Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $88
Subdivision Mathies Twnhs
MLS Listing ID 22072244
Year Built 1978
Annual Tax Amount $2,140
Lot Size 5,227 Sqft
Property Sub-Type 2-4 Units
Property Description
Rare opportunity to purchase and renovate three buildings with twelve total units just minutes from Highway 55 in Arnold. Average rents in the area for 2 bedroom, 1.5 bathroom apartments exceed $1,100/m, but current rents across the occupied units average less than $800 per month. Add a bedroom to the walkout basement of each unit and rents could go even higher. Option to finance with three conventional loans or one commercial loan. Price is for one building. Please do not disturb tenants. Sold as-is. Additional information and photos available.
Location
State MO
County Jefferson
Area 391 - Fox C-6
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Exterior
Parking Features false
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Clyde Hamrick Elem.
Middle Schools Ridgewood Middle
High Schools Fox Sr. High
School District Fox C-6
Others
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition Standard
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Bought with ShelbyHall
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Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477