$400,000 Price Analysis   ♡   Saint Louis, MO 63104 5 bed 6 bath 4,014 SqFt ($99/SqFt) 2,426SqFt lot. Built 1881 Listed 2024-06-20, Taxes $2,101 | Ⓧ USDA Ineligible due to location near Saint Louis |
Opportunities like this truly do not come around often!
* Has Contingent Offer *Check out this mixed use 4 family in the heart of Fox Park featuring a corner storefront space, 1 bedroom 1st floor apartment plus two 2nd and 3rd floor 2 Bedroom 1.5 Bathroom Townhouses. The upsde on this building is massive as current rents are well below market. The commercial space which was used previously by the property manager is a blank slate ready for the creative vision of its new owner.
The building is in solid shape and has been updated over the years including a new roof within the last 3 years, tuckpointing, PVC plumbing and more. One of the townhomes was renovated more recently and the current tenant is set to vacate at the end of July so a new owner will not have to wait long to increase cash-flow or move in themselves. The other 2 units are in good shape as well and little work is needed to achieve market rent. Live/Work or Invest, either way this property is a must see. Building in good shape but Selling AS-IS.
Presented by Riahna Kastner at
St. Louis Real Estate Society.
Property MLS #24036123 from MARIS
Some Disposal(s)
Some Insultd Windows
Some Refrigerator(s)
Some Range Oven(s)
Some Shower Bath(s)
Some Smoke/Alarm Det
Some Washer/Dryer(s)
Heating Features: Forced Air
Heating Fuel: Gas
Water Heaters: Gas
1/2 Bathrooms: 3
Bathroom 1 Features: Some Dishwasher(s), Some Disposal(s), Some Insultd Windows, Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke/Alarm Det, Some Washer/Dryer(s)
Lot Size Dimensions: 26x91
Lot Size Source: County Records
Lot Size Square Feet: 2426
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
School District: St. Louis City
Map directions Map directions Map directions Map directionsBedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Half Bathrooms in Unit-1: 1
Half Bathrooms in Unit-3: 1
Half Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 1
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 5
Unit-2 Description: Family Room
Unit-3 Description: Family Room
Unit-4 Description: Family Room
Laundry Facl-Private
Annual Tax Amount: 853
Source Listing Status: Active Under Contract
County: St Louis City
Cross Street: Oregon Ave.
Directions: 44 E, South on Jefferson Ave, Right on Russell Blvd, Building on Right @ Corner of Oregon Ave.
Tax Year: 2023
Ownership: Private
Source Property Type: Multi-Family 2-4
Area: Central East
Source Neighborhood: Fox Park
Subdivision: RUSSELL PL ADDN
Source System Name: C2C
Coming Soon Date: 2024-06-21
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $23,450 + $1,630 $25,080 | $2,101 |
| 2021 | $23,450 + $1,630 $25,080 | $2,098 |
| 2020 | $22,990 + $1,630 $24,620 | $2,044 |
| 2019 | $22,990 + $1,630 $24,620 | $2,037 |
| 2018 | $21,720 + $1,630 $23,350 | $1,994 |
| 2017 | $21,720 + $1,630 $23,350 | $1,960 |
| 2016 | $18,700 + $1,630 $20,330 | $1,732 |
| 2015 | $18,700 + $1,630 $20,330 | $1,571 |
| 2014 | $18,070 + $1,630 $19,700 | $1,522 |
| 2013 | $18,070 + $1,630 $19,700 | $1,522 |
| 2012 | $13,050 + $1,770 $14,820 | $1,139 |
| 2011 | $13,050 + $1,770 $14,820 | $1,096 |
| 2010 | $12,240 + $1,770 $14,010 | $997 |
| 2009 | $12,240 + $1,770 $14,010 | $959 |
| 2008 | $12,390 + $1,770 $14,160 | $944 |
| 2007 | $12,390 + $1,770 $14,160 | $946 |
$400,000
MARIS
Year Built: 1881
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Property Age: 143
Structure Type: Apt/InteriorEntrance, 2 Sty Townhouse
House Style: 4-Family
Total Above Grade Sqft Area: 4014
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.