3646 Illinois AVE Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63118
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Subdivision Marine Villa
MLS Listing ID 25051987
Style Low/1-2
Year Built 1959
Annual Tax Amount $12,096
Property Sub-Type 5 Family or More
Property Description
Great opportunity to own 38 Units in the heart of South City in St. Louis. The property consists of 38, 1 bedroom units. In-place rents average around $685/month, with renovated units achieving $743/month, showing clear rent upside. The property currently has 14 vacant units ready for lease up creating immediate upside through stabilization and rent growth.
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Hardwood
Exterior
Parking Features false
Utilities Available Cable Available,Electricity Available,Sewer Connected
View Y/N No
Building
Water Public
Structure Type Brick
Schools
Elementary Schools Monroe Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard