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PRICE $129,000
BEDS 0
BATHS 0 bath
HOME SIZE 5,310 sq ft
LOT SIZE 3,876 sqft

Built in 1896 and located in McKinley Heights within walking distance to Lafayette Park, Fox Park and Soulard. Building is a three story four family that is 5,310 sq ft with two 3 bed units and two 1 bed units. The building needs rehab and the highest and best use is to convert to two townhomes. The two townhomes would each be 2,655 sq ft with 4 beds and 2 baths. Building is currently vacant. At $100 per SqFt (which is considerably lower than any of the comparable townhome sales) the after repair value would be $265,000 for each townhome with a total after repair value of $530,000. If kept as a 4 family after updating the 3 bed units would rent for approximately $1,100 and the 1 bed units for $625 for a total of $3,450 a month and $41,400 a year. Comparable Townhome Sales: 1829 Allen 3 Beds, 3 Baths, 2,007 SqFt $235,900 $117 Per SqFt. 2270 Jefferson 3 bed 3 bath 2,200 SqFt $244,900 $114 Per SqFt. 2042 Geyer 3 bed 3 bath 2,032 SqFt $251,000 $122 Per SqFt.

DAYS ON MARKET 7 LAST UPDATED 4/19/2018
TRACT Devolseys Add YEAR BUILT 0
COMMUNITY Central East COUNTY St Louis City
STATUS Pending PROPERTY TYPE(S) Multi Family

SCHOOLS
School District St. Louis City
Elementary School Hodgen Elem.
Jr. High School Fanning Middle Community
High School Sumner High

PRICE HISTORY
Prior to Apr 19, '18 $149,000
Apr 19, '18 - Today $129,000


ADDITIONAL DETAILS
AIR Other
AREA Central East
CONSTRUCTION Brick/Stone Msn Pred
EXTERIOR Deck, Partial Fencing
HEAT Forced Air, Gas
HOA DUES 0
LOT 3877 sq ft
LOT DIMENSIONS 35 x 120
PARKING On Street Parking
SEWER Public
STYLE 4-Family
SUBDIVISION Devolseys Add
TAXES 1490
UTILITIES Public,Gas; Public;
WATER Public,Gas

SATELLITE VIEW



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