3618 Pennsylvania Avenue

    St Louis, MO 63118
    • $109,000
    • STATUS: Active
    • ON SITE: 148 days
    • ID#: 18067337
    UPDATED: 159 min ago
    $109,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,522
      SQFT
    • $43
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:

    Description

    Built in 1912, this charming brick 2,522 sf duplex is close to Soulard, Benton Park, Cherokee, and Tower Grove South. The spacious 3-bed units have warm hardwood floors with unique ceramic tile in the bathroom, and parquet laminate flooring in the kitchen. Kitchens have incredible cabinet space and sliding glass door to the deck. Woodwork is in excellent shape, including a stunning coffered ceiling. Individual washer/dryer hookups. Tenants pay electric/gas. Owner pays sewer, water, and trash. Upstairs tenant receives Section 8 assistance; rents are under market rate.Central airForced gas heatIndividually metered utilitiesUpdated stacks/electric panelsNewer roof, gutters, condenser unitsWater heaters and 2F furnace = 10-12 years1F furnace new Oct. 2018.Actual income + proforma expenses/10% mngt. fee = 9.94% cap rate now, 11.41% cap pro forma. Brochure available. 3620 Pennsylvania (duplex next door) had a fire last year and is currently on the LRA website for $3000.

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-16T23:48:59.207.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
    www.holdenrealtygroup.com/homes/86738461

    3618 Pennsylvania Avenue St Louis, MO 63118

    • Price: $109,000
    • Status: Active
    • Updated: 159 min ago
    • ID#: 18067337
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,522
    SQFT
    $43
    $/SQFT
    1913
    Built
    Neighborhood:
    Stockes Add
    County:
    St Louis City
    Area:
    Central East
    Elementary School:
    Froebel Elem.
    Middle School:
    Fanning Middle Community Ed.
    High School:
    Roosevelt High
    School District:
    St. Louis City
    Property Description
    Built in 1912, this charming brick 2,522 sf duplex is close to Soulard, Benton Park, Cherokee, and Tower Grove South. The spacious 3-bed units have warm hardwood floors with unique ceramic tile in the bathroom, and parquet laminate flooring in the kitchen. Kitchens have incredible cabinet space and sliding glass door to the deck. Woodwork is in excellent shape, including a stunning coffered ceiling. Individual washer/dryer hookups. Tenants pay electric/gas. Owner pays sewer, water, and trash. Upstairs tenant receives Section 8 assistance; rents are under market rate.Central airForced gas heatIndividually metered utilitiesUpdated stacks/electric panelsNewer roof, gutters, condenser unitsWater heaters and 2F furnace = 10-12 years1F furnace new Oct. 2018.Actual income + proforma expenses/10% mngt. fee = 9.94% cap rate now, 11.41% cap pro forma. Brochure available. 3620 Pennsylvania (duplex next door) had a fire last year and is currently on the LRA website for $3000.
    Exterior Features

    Building Desc Duplex Construction Brick/Stone Msn Pred Lot Dimensions 30'X127' Parking Description Off Street

    Interior Features

    Appliances Some Some Refrigerator(S)Some Range Oven(S)Some Shower Bath(S) Cooling Central-Electric Heat Source Gas Heating Forced Air Miscellaneous BasementDeck Water Heater Gas

    Property Features

    Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS Cable Available Yes Conditions Unknown Cross Street Address Winnebago Disclosures CityCode Compliance ReqdFlood Plain NoLimited Seller DisclOccupancy Perm Req Down Payment Resource Yes Fixed Expenses InsuranceSewerTaxesTrash RemovalWater Gross Operating Income 17280.00 Lot Size Source County Records Net Income 10832.00 Occupant Type Tenant Operating Expenses Lawn CareMaintenanceManagementSnow Removal Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventionalExchange Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2017 Taxes Paid 506 Tenancy Type 1 Or More VacantLeasesSection 8 Tenant Pays ElectricGas Total Expenses 5584.00 Transaction Type Sale Type Of Units 2-Family Water Public

    Listing provided courtesy of Realty Exchange. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-16T23:48:59.207.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
     
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