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$840,000
Est. payment /mo
10,584 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 10,584 sqft
Price per Sqft $79
Subdivision Grand Dover Park
MLS Listing ID 26017866
Style Apartment Style
Year Built 1940
Annual Tax Amount $6,395
Lot Size 0.278 Acres
Acres 0.2781
Property Sub-Type 5 Family or More
Property Description
Presenting 3656–3660 Bates Street, a fully leased 8-unit brick apartment building located in South St. Louis. Situated along a residential corridor, the property offers investors a stabilized asset in an established neighborhood with strong rental demand and low tenant turnover. The property consists of eight two-bedroom, one-bathroom units, all of which have been updated in recent years. Units feature efficient layouts, hardwood flooring, ample natural light, and both front and rear private entrances. The building is secured by an electronic entry system and offers off-street parking, new concrete patio and walkways, and newly constructed decks and stairways. Significant capital improvements include a new roof (2021), new foundation (2022), tuckpointing, four new HVAC systems, and four new hot water heaters, positioning the property for minimal near-term capital needs. Conveniently located near public transportation, major highways, shopping, dining, Carondelet Park, and the YMCA.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Cooling Central Air
Fireplace N
Exterior
Parking Features false
View Y/N No
Building
Structure Type Brick
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Matt Bukhshtaber • CBRE
Nearby School & Business
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