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Kim Banovz

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

$ 2,800,000

Est. payment -/mo

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Active

3646 Illinois AVE St Louis, MO 63118

UPDATED:

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

Rooms

Basement 8 ft + Pour

Interior

Heating Other

Cooling Wall/Window Unit(s)

Flooring Hardwood

Fireplace N

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

Listed by Timothy McCarthy • Salient Realty Group, LLC

Kim Banovz

Broker | License ID: 475.209182

+1(618) 670-1910

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