4102 Mcree Ave, St Louis, MO 63110

$675,000
3,780
SqFt

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List Price
$675,000
Days on Market
86
MLS#
26025368
Status
ACTIVE UNDER CONTRACT
Living Sq. Ft
3,780
Lot Size
8,385
Acres
0.19
Year Built
1922
Subdivision
Shaws Lafayette Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. This property is tax abated until 2029. Big ticket items like electric panels & PVC plumbing have all been recently replaced. All units have been renovated. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 710sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!

Additional Information

School District
St. Louis City
Elementary School
Cote Brilliante Elem.
Jr. High School
Elias Michael Elem.
Sr. High School
Vashon High
Parking Description
Paved, Off Street, Other, Parking Pad, Private
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional, FHA, VA Loan

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Calculator source: Real Geeks

Listing courtesy of The Hermann London Group LLC.

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