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$430,000
1 Bed
1 Bath
3,420sqft
3464 Watson, Saint Louis, MO 63139
$430,000
Multi Family
Built in 1947
$-- HOA
0.12 acre lot
$126/sq.ft
Description
This updated all brick 4-family features 1-bedroom, 1-bath units. Each unit has a large living room, dining room, kitchen and 3 season room off of the bedroom. All units have hardwood floors throughout, nice kitchens and bathrooms. The building has newer forced air heat and central A/C. The basement features private washer dryer hook ups and tenant storage space. There is a parking pad in the rear of the building with 4-spaces. Updated electric and main drain stacks in the basement. Just steps from great restaurants, Ted Drews, Lindenwood Park and Hampton/Chippewa shopping center. This is a great investment with a competitive cap rate. Don't miss your chance!
Long term tenants at lower rent, neighborhood market rents at $995/mo. Gross operating rent and net income calculated off of market rents with 8.02% cap rate.
See attached Proforma.
- Houzeo last checked: 6 minutes ago
- Listing updated: April 29, 2025 at 12:23 am
- Listing Provided by: David Voges (314) 973-0719 | Berkshire Hathaway HomeServices Advantage (314) 962-1100
- Bought with: Gregory Theodore | T.R.E.M. Inc. (313) 873-6
- Source: MARIS MLS-MO as distributed by MLS GRID | MLS#: MIS24071700
Property Details
Status
Closed
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
3,420 sqft
Lot Size
0.12 acre lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS24071700
MLS Status
Closed
Cumulative Days on Market
6
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Appliances
Gas Water Heater
Cooling
Central Air, Electric
Construction
Year Built
Year Built: 1947
Home type
Multi Family
Construction Materials
Stone Veneer, Brick Veneer
Utilities & Energy
Parking Features
Open, Parking Lot
Water Source
Public
Other Features
Disclosures
Unknown, Occupancy Permit Required
Subdivision Name
Southwest Park Add
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
01/20/2025 Source: | Sold | $430,000 $126/sqft |
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