Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1927
Sq.Footage
19,648
Here is an opportunity to own a newly renovated solid brick building with long-term tenants. 16 1 Bedroom, 1 Bath units in 2 buildings. Sale includes 4219-21 Ellenwood (8 units) and 4223-25 Ellenwood (8 units). About 3/4th of the units are renovated and updated with newer bathrooms, kitchens, appliances etc. leaving some room for further renovations and upside. Units have hardwood floors, central heating and cooling, updated kitchens and baths. Property enjoys long-term happy tenants, steady and reliable cash flow with some leases going into 2027. Solid investment in a great rental area with upside potential. The property is conveniently located and walking distance from historic Bevo mill, bus stops, Southtown Centre, several restaurants, and establishments. Property is attractively priced at 8.5% CAP rate.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
19648.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Courtyard, Lighting
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
City Lot, Level
-
Lot Size(acres)
0.27
-
Lot Size(square feet)
11761.2
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style
Price
-
Sales Price
$1,375,000
-
Tax Amount
$6,167
-
Sq. Footage
19, 648
-
Price/SqFt
$69
HOA
-
Association
No
School District
-
Elementary School
Buder Elem.
-
Middle School
Fanning Middle Community Ed.
-
High School
Roosevelt High
Property Features
-
Foundation Details
Concrete Perimeter
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Buder Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Listing Courtesy of AJ AngaJala , NextDoor Realty LLC
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AGENT
Franko Maric
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