3209 Taft Ave, St Louis, MO 63111

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List Price
$125,000
Days on Market
3
MLS#
26070828
Status
ACTIVE
Living Sq. Ft
1,870
Lot Size
3,001
Acres
0.07
Year Built
1909
Subdivision
Grunds
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Fantastic investment! The owner is exiting the rental market and ready to sell. The upper unit is rented by a long-term tenant who is willing to stay or go at $700/month. The lower unit is recently vacant and was previously leased at $750/month. Market rents in the area is between $800-$950. Both units are clean and ready to rent. The basement is dry and offers storage for both units. There is central heating and cooling throughout. The owner recently resealed roof seams, tuck pointed and replaced plumbing in the lower unit to prepare for the sale. The property appraised at $131,000 two years ago. Live in one unit while renting the other, or rent both for a great, steady return.

Additional Information

School District
St. Louis City
Elementary School
Monroe Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Cooling
Central Air
Heating
Forced Air, Natural Gas
Selling Terms
1031 Exchange, Cash, Conventional, FHA, FHA, Private, VA Loan

Listing courtesy of Stephanie Ponder. Exit Elite Realty

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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