2341 Russell Ave
St Louis, MO 63104

Description

Great for investors or owner occupants alike! This beautiful, brick, 4-family has recently been renovated, and three units are tenant occupied. 4th unit recently vacated and will be easy to lease or for the new owner to move right in. Huge list of nice improvements/updates: all four kitchens w/ new cabinets, tile floors, stainless steel appliances (refrigerators included), countertops & sinks, all four bathrooms updated, resurfaced hardwood floors, carpet in third floor bedrooms, replaced 2 water heaters, LED light fixtures throughout, fence in backyard, updated deck, HVAC in each unit, electrical meters & breakers to all units, 2 inch faux wood blinds throughout, modern gray paint, some tuck-pointing, some roofing w/ warranty, and more! Each unit has access to the deck that overlooks the patio and fenced-in green space. Great location to walk to restaurants, shops or Lafayette Park! Close to public transportation. Fully leased, approximate cap rate of 9%. A great opportunity!!

Details

MLS#19032164
Sub-TypeResale
StatusActive
Year1893
Days On Site21

Features

SQ Feet5,194
Units4
Building(s)1

Market Activity 63104

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63104
AreaCentral East
Listing VS Median (in 63104)
Price:
$405,000
low | high
Med:
$280,000
80.864197530864% of Average
SqFt:
5,194
low | high
Med:
3,456
83.461686561417% of Average
$ / SqFt:
$78
low | high
Med:
$81
46.096250571559% of Average
On Site:
21
low | high
Med:
23
91.304347826087% of Average
Listing Updated: 06/20/2019
MLS Number: 19032164
Listing Provided By:
Jennifer Svoboda  of  RE MAX Results