Welcome to this 8-unit apartment building in charming Bevo. Built with brick and masonry, it delivers 7,695 sf of curb appeal and durability. Inside are six 2-bed and two 1-bed units, all with private bedrooms, updated baths, and lots of original craftsmanship. Most units have LVP flooring in living room and bedrooms; some 2F units have carpet. The building is all electric, and central air was added in 2022. Pex water lines, updated electric panels, mostly PVC stacks. TPO roof (pre-2018 ownership) with 1/3 recently re-covered by seller. Some off-street parking is available. Tenants enjoy close access to public transportation, restaurants, and shopping, and love having just one utility bill. Current rents + $750 pro forma for vacancy = $66,600 gross annual income less 2023 basic op. expenses of $17,627 = $48,973, a 8.5% cap at asking price. This property offers consistent cash flow as is, w/upside opportunity. Ask your agent for SD, rental property verification, & Rentometer report.
Lot & Building Features
Assoc Fee PaidNone
ConstructionBrick
CoolingCeiling Fan(s), Electric
Heat SourceElectric
HeatingForced Air
Parking DescriptionUnassigned
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions56' x 129' ft
Community and Schools
Elementary SchoolOak Hill Elem.
Junior High SchoolLong Middle Community Ed. Center
Senior High SchoolRoosevelt High
Price History of 4219 Neosho Street, St Louis, MO
Date
Name
Price
Difference
09/29/2024
Listing Price
$575,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
2242 Thurman Ave Saint Louis, MO 63110 314-772-8407
Listed by Worth Clark Realty, Tammy Derrigan
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20%
0.5375652173913%
6.75%
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$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
4219 Neosho Street (MLS #24061749) is a multi-family listing located in St Louis, MO.
This multi-family listing is 7,695 sqft and on a lot of 6,887 sqft (or 0.16 acres) and is 97 years old. This property was listed on 09/29/2024 and has been priced for sale at $575,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Worth Clark Realty
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