2704 Arsenal ST, St Louis, MO 63118 – 25069365

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Nancho Rodriguez

nancho@stlhometown.com +1(314) 297-6494

$250,000

Est. payment - /mo

4,066 SqFt

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UPDATED:

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

Acres 0.1159

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

Rooms

Basement Unfinished, Walk-Out Access

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Fireplace N

Appliance Gas Water Heater

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

Private Pool false

Building

Story 2

Water Public

Level or Stories Two

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

Ownership Private

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

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Listed by Tammy Derrigan • Worth Clark Realty

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Nancho Rodriguez

+1(314) 297-6494

Agent | License ID: 2018006602

Agent License ID: 2018006602

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2704 Arsenal ST St Louis, MO 63118

Nancho Rodriguez

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others