2704 Arsenal ST Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63118
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,066 sqft
Price per Sqft $61
Subdivision Delanos Add
MLS Listing ID 25069365
Style Apartment Style
Year Built 1908
Annual Tax Amount $526
Lot Size 5,048 Sqft
Property Sub-Type 2-4 Units
Property Description
Perfect for an owner occupant or investor! Formerly a 4-family, this property has been renovated to feature two 1-bed units and one townhome-style 3-bed unit. The latter spans two floors with living room, dining room, 3 bedrooms, 1.5 baths, in-unit laundry, and a large eat-in kitchen with double door refrigerator, built-in microwave, dishwasher, and disposal. Hardwood floors throughout except for LVP on 2F of townhouse. All kitchens and baths have tile flooring. 2F 1-bed is private; 1F 1-bed is shotgun. Newer windows, central air with newer HVAC systems (one new in 2/21, newer water heaters, updated electric, and large yard with privacy fence. Two new refrigerators and one new microwave. It's close to major highways and all the fun city life activities. Townhome is being held vacant for showings; the other two can be shown with an accepted offer. Rentometer indicates average of $1454 for townhome, and an average of $755 for the 1/1 units. With rents at $725, $650, and (most recent rent of $1320 for townhome) the gross annual income is $32,340 less annual operating expenses of $10,232, the NOI is $22,108, making this an 8.188% cap rate at asking price.
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Heating Forced Air,Natural Gas
Cooling Ceiling Fan(s),Central Air
Laundry In Unit
Exterior
Parking Features false
Fence Fenced
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
View Y/N No
Roof Type Flat
Building
Story 2
Water Public
Structure Type Brick
Schools
Elementary Schools Sigel Elem. Comm. Ed. Center
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Private,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,Private,VA Loan
Special Listing Condition Listing As Is,Standard