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3016 California Avenue

St Louis, MO 63118
  • $310,000
  • STATUS: Active Under Contract
  • ON SITE: 22 Days
  • ID#: 23000469
Under Contract
UPDATED: 85 min ago
$310,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,864
    SQFT
  • $80
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1895
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

This spacious 3-unit all-electric building is located in Benton Park West, near Cherokee St. restaurants, coffee shops, and beautiful Benton Park. Natural sunlight, large living rooms, and ample beds/baths make it easy to rent. The heavy lifting has been done with updated windows, condenser units, furnaces, water heaters, stacks, electric panels, and windows. All units have 3-beds; 1F and 2F have 2-baths and 3F has 1.5-baths. 1F has original wood floors; 2F & 3F have luxury vinyl plank. 2F and 3F have exposed vent work, giving the space a unique, industrial vibe. 2F has in-unit laundry; laundry hookups are available in the basement. 3F tenant in place since 2018, 2F in place since summer 2021. 1F needs work; as of 1/12/23 work is being scheduled but act now for as-is status and pricing. With 1F filled it's a 9.22% cap rate at asking price.

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Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-01-27T10:39:29.027.

Delhougne Realty Group: (636) 238-3830
www.homeswithvision.com/homes/135766205
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3016 California Avenue St Louis, MO 63118

  • Price: $310,000
  • Status: Active Under Contract
  • On Site: 22 Days
  • Updated: 85 min ago
  • ID#: 23000469
0
Beds
0
Baths
0
½ Baths
0.08
Acres
3,864
SQFT
$80
$/SQFT
1895
Built
Neighborhood:
Wencelaus Add
County:
St Louis City
Area:
Central East
Elementary School:
Sigel Elem. Comm. Ed. Center
Middle School:
Fanning Middle Community Ed.
High School:
Roosevelt High
School District:
St. Louis City
Property Description
This spacious 3-unit all-electric building is located in Benton Park West, near Cherokee St. restaurants, coffee shops, and beautiful Benton Park. Natural sunlight, large living rooms, and ample beds/baths make it easy to rent. The heavy lifting has been done with updated windows, condenser units, furnaces, water heaters, stacks, electric panels, and windows. All units have 3-beds; 1F and 2F have 2-baths and 3F has 1.5-baths. 1F has original wood floors; 2F & 3F have luxury vinyl plank. 2F and 3F have exposed vent work, giving the space a unique, industrial vibe. 2F has in-unit laundry; laundry hookups are available in the basement. 3F tenant in place since 2018, 2F in place since summer 2021. 1F needs work; as of 1/12/23 work is being scheduled but act now for as-is status and pricing. With 1F filled it's a 9.22% cap rate at asking price.
Exterior Features

Attached Garage YN No Construction Materials Brick Driveway None Lot Size Dimensions 30' X 128' Lot Size Source County Records Parking Features Off Street

Interior Features

Above Grade Finished Area Source Public Records Appliances Some Refrigerator(S)Some Range Oven(S)Some Shower Bath(S)Some Smoke Alarm(S)Washer/Dryer Cooling Electric Heat Source Electric Heating Forced Air Heating YN Yes

Property Features

Association St. Louis Association Of Realtors Association Fee 0 Association Fee Frequency None Building Description Other Cable Available Yes Cross Street Arsenal Current Financing Cash OnlyConventionalExchange Disclosures UnknownCityCode Compliance ReqdFlood Plain NoOccupancy Perm ReqSellers Discl Not Av Miscellaneous BasementLaundry Facility inLaundry Facl-Private Net Operating Income 28596 Operating Expense Includes InsuranceWater/SewerTaxesTrashFixed ExpensesMaintenance GoundsMaintenanceManagerSnow Removal Ownership Private Possession Close Of Escrow Property Condition None Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2242 Tax Year 2021 Tenant Pays Cable TvElectricityGas Transaction Type Sale Type Of Units 3-Family Water Source Public

Listing provided courtesy of Radius Realty: 2664585. Listing information © 2023 Mid America Regional Information Systems, Inc.
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-01-27T10:39:29.027.

Delhougne Realty Group: (636) 238-3830
 
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Delhougne Realty Group
16305 Swingley Ridge Dr, Suite 550
Chesterfield MO, 63017