Multi-Family for Sale: 3155 Gustine Avenue, St Louis, MO 63116 SOLD

4,394 sqft
$460,000
$460,000
3155 Gustine Avenue, St Louis, MO 63116 SOLD
4,394 sqft
$460,000
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Selling Price: $460,000
Original List Price: $475,000
Sold at 96.8% of list price
Sold Date: 06/09/2021

Type Multi-Family
Total Living Area 4,394 sqft
Lot Size 0.13 acres
Year Built 1910
Assoc Fee Paid None
Taxes Paid $1,601

City St Louis
Area South City
County St Louis City
Subdivision J W Russell Estate Add

MLS 21023694
Status Closed
DOM 12 days
BACK ON DUE TO BUYER FINANCING - UPDATE new top rent is at $1075 - Looking for an investment property or a new home in the heart of Tower grove south? We have a large 4 family just south of the park, botanical gardens, & Slu. Walk to tons of hotspots: King & I, Rooster, Pho Grand and Starbucks just to name a few. The building was gut rehabbed: new plumbing, piping, roof (brand new 2021), windows, electric - the list goes on and on. Units are nice 2 bed + 1 bath - approx. 1000 + sq ft with basic kitchens and baths, spacious floor plans and hardwood floors. There is tons of upside to push rents, add some personal touches to increase equity or sit back and just collect cash flow. Get in north of an 8 + cap rate.

Lot & Building Features

Appliances Some Dishwasher(s), Washer/Dryer, Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s), Some Insulated Window(s), Some Disposal(s)
Assoc Fee Paid None
Construction Brick
Cooling Electric, Individual Units
Heat Source Electric
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2020
Water Public
Lot Dimensions 70*77 ft

Community and Schools

Junior High School Blewett Middle
Senior High School Beaumont Cte High School

Price History of 3155 Gustine Avenue, St Louis, MO

Date Name Price Difference
04/15/2021 Listing Price $460,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Susan Jo Coker, CDPE
Susan Jo Coker, CDPE
Broker Associate
Direct: 618-444-2671
Office
1012 Plummer Drive Suite 301
Edwardsville, IL 62025
618-655-4100
$
20%
0.34804347826087%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Maris

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