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Kim Banovz

kim@cisler.com +1(618) 670-1910

$ 699,000

Est. payment -/mo

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3868 Arsenal ST St Louis, MO 63116

4,772 SqFt

UPDATED:

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

Acres 0.1479

Lot Dimensions 50 x 135

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

Rooms

Basement Full, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access

Interior

Interior Features Built-in Features, Butler Pantry, Ceiling Fan(s), Crown Molding, Custom Cabinetry, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Historic Millwork, Natural Woodwork, Open Floorplan, Pantry, Separate Dining, Shower, Storage, Tub

Heating Forced Air, Natural Gas

Cooling Central Air, Electric, Multi Units

Flooring Hardwood

Fireplaces Number 4

Fireplaces Type Living Room, Masonry

Fireplace Y

Appliance Stainless Steel Appliance(s), Dishwasher, Disposal, Gas Range, Refrigerator, Gas Water Heater

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

Architectural Style Historic

Level or Stories Two

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

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Private

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Private

Special Listing Condition Standard

Listed by Kathy Bresnahan • Keller Williams Realty St. Louis

Kim Banovz

Broker | License ID: 475.209182

+1(618) 670-1910

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