3836 Wilmington Avenue, St Louis, 63116

Commercial Sale - Apartment For Sale in Holly Hills Add

$950,000

Beds
Baths
Sqft
.36Acres
1929Built
206DOM
MLS® #: 19069997
Pending, 206 Days on Market

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".

Price & Status History

Date Details
Status Changed from Active to Pending

Essential Information

MLS® #: 19069997
Price: $950,000
Acres: 0.36
Year Built: 1929
Type: Commercial Sale
Sub-Type: Apartment
Status: Pending

Community Information

Address: 3836 Wilmington Avenue
Area: South City
Subdivision: Holly Hills Add
City: St Louis
County: St Louis City
State: MO
Zip Code: 63116

Amenities

Garages: Parking Garage

Interior

Heating: Hot Water
Cooling: Other,Window Unit(s)

Exterior

Construction: Brick

School Information

Elementary: Woerner Elem.
Middle: Long Middle Community Ed. Center
High: Roosevelt High

Additional Information

Date Listed: September 16th, 2019
Days on Market: 206

Listing Details

Listing Office: Lauralei Properties, LLC

Information from Third Parties, Deemed Reliable but Not Verified.
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