3424 Clara Ave, St Louis, MO 63120

$319,900
3,948
SqFt

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List Price
$319,900
Price Change
▼ $10,000 1789447903
Days on Market
4
MLS#
26058521
Status
ACTIVE
Living Sq. Ft
3,948
Lot Size
4,107
Acres
0.09
Year Built
1925
Subdivision
Mars Place Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Ready to Become an Investor? Here’s Your Opportunity! This four-family property features four true 2-bedroom, 1-bath units with closets and similar layouts and finishes. 2023–2024 Exterior Updates: New roof, building-wide tuckpointing, gutters, fascia, downspouts and dusk-to-dawn perimeter lighting. 2024 Interior Renovations: The interior was rebuilt from the studs with new subfloors, drywall, paint and flooring throughout. All four units feature new kitchens with cabinets, sinks, fixtures, stoves and refrigerators; new bathrooms with fixtures, vanities, mirrors and tubs; new blinds and light fixtures; and ceiling fans in all eight bedrooms. 2024 Building Systems: New common-area and basement lighting, motion lights in common hallway, sewer lateral from the building to the main line, plumbing serving all four units, hot- and cold-water laundry hookups in both basement areas, five electrical panels, smoke and carbon monoxide detectors, and four HVAC systems with rooftop condensers. The building is all-electric with no gas service. Previously rented at $1,100 per unit, the property offers projected gross annual income of $52,800 when fully occupied. Seller is offering a $3,000 closing credit toward touch-up painting. Property is being sold AS-IS, and offers must be submitted on a Special Sale Contract. Shown by appointment with 24-hour notice. One seller is a Missouri-licensed real estate broker.

Additional Information

School District
St. Louis City
Elementary School
Hamilton Elem. Community Ed.
Jr. High School
Langston Middle
Sr. High School
Sumner High
Parking Description
On Street
Cooling
Central Air
Heating
Electric
Water
Public
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of S. Bohlen, REALTORS.

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