4126 McRee Avenue
St Louis, MO 63110
About
Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio and PRICED TO SELL and instant equity. Comps in area for similar 1 bed/1 bath are well over this price point (4133 and 4130 McRee) and new construction homes sprinkled throughout are contributing to the rapidly increasing price points. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With rents below market value, this building has the potential of an over 8.0% CAP RATE when increased. Each unit is approximately 650sf with a spacious living room, kitchen, bathroom, 1 bedroom & a private in-unit laundry area. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1922
Sq.Footage
3,570
Features
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Open Floorplan, Stone Counters
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
3570.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stone
-
Parking
Concrete, Parking Pad
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1263
-
Lot Size(square feet)
5,501
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Low/1-2, Traditional
Price
-
Sales Price
$565,000
-
Tax Amount
$1,784
-
Sq. Footage
3,570
-
Price/SqFt
$158
HOA
-
Association
No
School District
-
Elementary School
Adams Elem.
-
Middle School
Elias Michael Elem.
-
High School
Vashon High
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Senior Community YN
NO
-
Water Source
Public
Schedule
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Location
-
County
St Louis City
-
Elementary School
Adams Elem.
-
Middle School
Elias Michael Elem.
-
High School
Vashon High
Listing Courtesy of Nidhi Soni, The Hermann London Group LLC
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Carmine Lupertazzi
AGENT
Call Carmine today to schedule a private showing.
Phone (815) 780-9623
Email baloni.mars@gmail.com
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