Under Contract

6316 Bancroft Avenue

St Louis, MO 63109
3,128 sqft
$475,000
Photo of 6316 Bancroft Avenue St Louis MO 63109

Details

Rare opportunity to purchase a 4-family apartment building in sought after St. Louis Hills. This updated all brick 4-family features 1-bedroom, 1-bath units. Each unit has a large living room, dining room, updated kitchen and 3 season room off of the bedroom. All units have hardwood floors throughout, updated kitchens and bathrooms. In the basement the building has newer forced air furnaces and AC, and PVC main drain stacks. Also, there is for each tenant a private washer and dryer and large storage closet. There is a detached 3 car garage in the rear of the building. The property is just steps from Fransis Park and St. Louis Hill's wonderful restaurants, shops and Ted Drews. This is a great investment with a competitive cap rate. Neighborhood market rents are $1100/mo. See attached Proforma. Don't miss your chance!!

Specs

Type Multi-Family
Square Footage 3,128 sqft
Lot Size 0.11 acres
Year Built 1939
Taxes Paid $4,160

Lots & Building Features

Appliances Some Dishwasher(s), Some Smoke Alarm(s), Some Refrigerator(s), Some Range Oven(s)
Construction Brick
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Detached Garage - 3-4 Car, On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 40x125 ft

Room Details

Misc Description Basement, Laundry Facl-Private, Storage Room Avail

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Financing

$
20%
0.87578947368421%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
School District St. Louis City
Subdivision St Louis Hills Add

Schools

Elementary School Buder Elem.
Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High
David Voges, Berkshire Hathaway Advantage