Real Estate For Sale in...
 

4648 Gravois Avenue, St Louis, MO 63116

$750,000
Rental Complex For Sale MLS# 17064497 ID: 47135864
$750,000 Get Rates

Apartment Complex,Apt Bldg/Exterior En,Apt Bldg/Interior En - Mid-Rise 3or4 Story
Fantastic INVESTMENT POTENTIAL for this Versatile Building * AN ARCHITECTURAL GEM * 10,000 SqFt of 1 to 4 store fronts on the Main Level plus 16 units - over 600 sqft per unit, 4 Room/1 Bedroom each With Its Own Newer Electric & Furnaces on 2nd and 3rd levels * Basement Parking Garage Possible. Can Be Purchased With Adjacent Building 4658 Gravois mls#17005271 * Concrete Floors Between each floor* Nice Tight Brick & Stone * HUGE ELECTRICAL SERVICE * Owner wants it gone * BEST PRICE Since 2002 !!! * 6 apartments rented @ $485.00 , seller has repainted & cleaned up all the units renting for $450 t0 $550 per unit. 4 store front units approx 2275 sqft each . basement has a parking garage, needs a new ramp. 16 units at $450 per month is $7200 per month 0r $ 86,400 per year at $550 per month is $8800 per month or $105,600 per year store front units at $2,000 per month $8,000 or $96,000 per year Gross rent could be $182,400 to $201,600 per year, once up and running could be great cash flow.

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Location Information near 4648 Gravois Avenue
Offered by John Rocchio at Powerhaus Realty

Would you like more information regarding this property?
Please call (314) 843-5959.

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Property Features for 4648 Gravois Avenue
Status
Market Status
Available
Last Updated
May 25, 2018
Description
Property Type
Rental Complex For Sale
Year Built
1927
Stories
4.0
Approx. Lot Size
0.25 Acres
Sq. Feet
29,304

Building Features

  • Heating System: Forced Air
  • Stories: 4.0

Exterior Features

  • Exterior Construction: Brick; Stone
  • Garage
  • Parking: On Street

Legal/Financial

  • Taxes: 8189 (2016)

Listing Features

  • Property Type: MultiFamily; Apartment

Other Features

  • Fanning Middle Community Ed.,St. Louis City; St. Louis City; St. Louis City,Mann Elem.,Roosevelt High
  • Mann Elem.,Roosevelt High,Fanning Middle Community Ed.,St. Louis City; St. Louis City; St. Louis City
  • Roosevelt High,Mann Elem.,St. Louis City; St. Louis City; St. Louis City,Fanning Middle Community Ed.
  • St. Louis City; St. Louis City; St. Louis City,Fanning Middle Community Ed.,Roosevelt High,Mann Elem.
  • John Rocchio
  • Powerhaus Realty

Data Provided by:
Mid America Regional Information Systems, Inc.

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More information about this $750,000 Rental Complex For Sale at 4648 Gravois Avenue

This $750,000 Rental Complex For Sale at 4648 Gravois Avenue in St Louis, MO is presented by John Rocchio. This $750,000 Rental Complex For Sale, located in the 63116 zip code, has the following property features: St. Louis City; St. Louis City; St. Louis City,Fanning Middle Community Ed.,Roosevelt High,Mann Elem., Property Type, Taxes, Mann Elem.,Roosevelt High,Fanning Middle Community Ed.,St. Louis City; St. Louis City; St. Louis City. This 4648 Gravois Avenue Rental Complex For Sale, located in Saint Louis City , is listed under MLS listing number 17064497 and has a listing price of $750,000. You can find more ST LOUIS homes for sale here.