3801-11 Keokuk St, St Louis, MO 63116

$3,300,000
37,584
SqFt

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List Price
$3,300,000
Days on Market
35
MLS#
26039746
Status
ACTIVE
Living Sq. Ft
37,584
Year Built
1930
Subdivision
City/St Louis
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

There are 3 properties (50 units total) being offered as a package. All are beautiful, historic buildings with timeless brick exteriors located in Dutchtown – a historic & vibrant South City STL neighborhood experiencing significant revitalization. Addresses are: 3801-3811 Keokuk St. - 24 units 3858 Bamberger Ave. – 24 units 3763 Keokuk St. – 2 units Summary below: • Attractive unit mix – Studios, One-Bedroom, & Two-Bedroom floor plans. • Avg. in-place rents are significantly below market rate – offers immediate upside w/ rent increases. • Economies of Scale – owning multiple properties w/in close proximity allows for centralized management, shared maintenance resources, & reduced operational expenses. • Asking Price of $3,300,000 ($66k per unit).

Additional Information

School District
St. Louis City
Elementary School
Oak Hill Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

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Listing courtesy of CBRE.

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