3868 Arsenal ST Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63116
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,772 sqft
Price per Sqft $146
Subdivision Tower/Grove Heights Add
MLS Listing ID 25022672
Year Built 1910
Lot Size 6,443 Sqft
Property Sub-Type 2-4 Units
Property Description
Location, location. Invest in Yourself / Owner Occupy. Current cap rate nearly 8% with rents below market. Smart investment with lots of room to increase income. Rare opportunity to own a historic, beautifully updated 4 family on the Park. Location is everything when investing in Real Estate. Tower Grove Heights (TGS) neighborhood with Tower Grove Park across the street is one of the best most sought after. Farmers market, sports courts, festivals, tennis, splash pad to name a few activities. Moments from SLU and BJC hospitals and Wash U Med (fully occupied now but if you need tenants!!) Privately owned and beautifully maintained since 2001. Each apartment is nearly 1200 sq.ft with both 1 and 2 bed units / 1 bath. Large lot with 2 car garage, pergola, fenced yard. Want to live in one and collect rent? We can make that happen. Invest in yourself. This beauty with historic details and impressive updates can be yours. Individual systems including forced heat and central AC with low owner costs. This is a building to own for years to come. Some features: kitchens with granite, stainless, fireplaces, pocket doors, stained glass, so much to see.
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Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Forced Air,Natural Gas
Cooling Central Air,Electric,Multi Units
Flooring Hardwood
Fireplaces Number 4
Fireplaces Type Living Room,Masonry
Laundry In Basement
Exterior
Exterior Feature Balcony,Lighting,Other,Private Yard
Parking Features true
Garage Spaces 2.0
Fence Fenced
Utilities Available Cable Available
Roof Type Bituthene,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Mann Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Private
Listing Terms 1031 Exchange,Cash,Conventional,FHA,Private
Special Listing Condition Standard