3526 Giles Avenue, St Louis

$400,000

0 Bed
0 Bath
3,848 Sqft
.17 Acre
0 Garage

Check out this attractive 4-family with 1-bed units (2 private, 2 walkthrough), loaded with updates! All units were extensively renovated in 2019 with kitchens, bathrooms, in-unit laundry, plumbing (pex water lines and mostly PVC stacks), some electric, some new windows, paint, floor refinishing, lighting fixtures, and appliances. Heating and cooling is via mini split; 3528 new in '22, the others new in '19. New silicone coating roof in '22. New sewer lateral to the street in Aug '23. Grocery stores, Civil Life Brewery, restaurants, and public transportation all nearby. Parking is on street or at rear of the lot.  All tenants are up to date and reliable. Vacant unit was most recently rented for $900. Get them all to that level and watch your returns grow! See RPV for breakdown; with current rents and 900 for the vacancy, income = 3210 x 12 = 38,520 - operating expenses of 9698 = NOI of 28,822, making this a 7.2% cap at asking price.

Essential Information
MLS® #23051804
Price$400,000
Bathrooms0.00
Square Footage3,848
Acres0.17
Year Built1912
TypeResidential Income
Sub-TypeMulti-Family 2-4
StatusActive Under Contract
Community Information
Address3526 Giles Avenue
AreaSouth City
SubdivisionHunts Add
CitySt Louis
CountySt Louis City
StateMO
Zip Code63116
Amenities
GaragesOff Street, On Street
Interior
HeatingOther
CoolingOther
Appliances

Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Washer/Dryer

Exterior
ConstructionBrick
School Information
DistrictSt. Louis City
ElementaryOak Hill Elem.
MiddleFanning Middle Community Ed.
HighRoosevelt High
Additional Information
Date ListedAugust 29th, 2023
Days on Market96
HOA Fees Freq.None
Listing Details
OfficeRadius Realty
Property History
Status Changed from Active to Active Under Contract
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $425,000 to $400,000
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