2113 Cleveland Pl
St Louis, MO 63110

Description

Just steps from the Missouri Botanical Garden and Tower Grove Park. This 2816 sf building includes four units, each with private BR, LR, updated bath and kitchen, and adjacent dining area. Hardwood floors with original woodwork and bright white trim; some units have exposed brick for additional charm. Central air ensures tenant comfort. Basement includes private storage and laundry hookups for each unit. Updates include: roof 2010, updated stacks, 2 newer water heaters, 2 furnaces new in 2011; energy efficient windows on back, left, and right sides. Tenants pay gas/electric, each metered individually. Newly paved off-street parking behind the building. Rents are 2@600 and 2@620 which isn't at market rate so there's value add opportunity; upgrade some finishes for even more potential. Gross annual income currently $29,280, expenses are $8,762 (not including mgmt); net income is $20,518. Building is fully rented; one unit available to show with limits. Please do not disturb tenants.

Details

MLS#19039170
Sub-TypeResale
StatusPending - Show
Year1926
Days On Site21

Features

SQ Feet2,816
Units4
Building(s)1

Market Activity 63110

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63110
AreaSouth City
Listing VS Median (in 63110)
Price:
$284,900
low | high
Med:
$258,500
59.266409266409% of Average
SqFt:
2,816
low | high
Med:
1,486
97.230113636364% of Average
$ / SqFt:
$101
low | high
Med:
$175
23.430312426452% of Average
On Site:
21
low | high
Med:
49
42.857142857143% of Average
Listing Updated: 06/17/2019
MLS Number: 19039170
Listing Provided By:
Tammy Derrigan  of  Realty Exchange