3836 Wilmington Avenue

Estimated Monthly Payment: $4,903/mo 3836 Wilmington Avenue, St Louis, MO 63116 MLS# 19069997 Multi-Family 5+ Listing Status: Sold
18,740 sqft
35
0
0

REMARKS:

OUTSTANDING RARE OPPORTUNITY IN HOLLY HILLS!!! Here's your chance to own a fantastic 17-unit apartment complex that includes three large basements and a detached four car garage. This building has a perfect location as it is directly across the street from St. Stephen’s School and just a couple of blocks from beautiful Carondelet park! Tenants love the stunningly renovated units that are bright and roomy with hardwood floors throughout. With long term, qualified tenants, strong leases in place and only four units remaining to renovate, this is truly a turn-key opportunity. Great for someone looking for a low maintenance, turn-key investment that should yield an 8% cap rate. While 13 of the 17 apartments have had substantial renovations in 2018 and 2019, one more is currently under renovation and can be completed prior to closing. Buyer to purchase property "as-is".

OVERVIEW:

Multi-Family 5+
Sold
5/22/2020
South City
Holly Hills Add
18740
15594
Brick/Stone Msn Pred
Hot Water/Steam
Gas
Ceiling Fan, Window Unit(s)
Public
Public
1929
Parking Garage
0.36

FEATURES:

St. Louis City

ROOM INFO:

1

SCHOOLS:

Woerner Elem.
Long Middle Community Ed. Center
Roosevelt High
St. Louis City

FINANCIAL:

$950,000
$6,849
2018

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Lauralei Properties, LLC

 

 

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