1955 President St
St Louis, MO 63118

Description

This ranchette style property has a lot of upside for the savvy investor: 1. Superb location near restaurants & retail on Cherokee St. as well as easy access to several major thoroughfares and highways. 2. All 8 units offer 1 level living, private beds, are efficiently built (tenants love the low utility costs!), and boast many updates: insulated, vinyl windows (2016); 8 new furnaces & central air units (2016); and circuit breaker panels. 7 of 8 units have updated flooring, light fixtures, hardware, etc. 3. Laundry hook-ups in basements. 4. Off-street parking. 5. Included buildable lot offers a great opportunity for development right next door to the Sherman School project. 6. 1950s era construction makes updates to this building sooo much easier and cheaper than its 100+ yr old counterparts. 7. Turn-key: tenants are on professional leases and screened. 8. Its a $$$$ maker! NOTE: 1951, 1955, & 1959 are 3 separate parcels but are being sold together as a PACKAGE ONLY. Agent owned.

Details

MLS#19031650
Sub-TypeResale
StatusPending - Show
Year1959
Days On Site49

Features

SQ Feet1,900
Building(s)1

Market Activity 63118

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63118
AreaCentral East
Listing VS Median (in 63118)
Price:
$315,000
low | high
Med:
$138,200
100% of Average
SqFt:
1,900
low | high
Med:
1,484
71.894736842105% of Average
$ / SqFt:
$166
low | high
Med:
$112
82.27766805647% of Average
On Site:
49
low | high
Med:
97
50.515463917526% of Average
Listing Updated: 06/24/2019
MLS Number: 19031650
Listing Provided By:
Riahna&Matt Kastner  of  St. Louis Real Estate Society