4333 N Newstead Ave, St Louis, MO 63115

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List Price
$600,000
Days on Market
74
MLS#
26047319
Status
ACTIVE
Living Sq. Ft
3,744
Lot Size
5,083
Acres
0.12
Year Built
1912
Subdivision
Hutchinsons 3rd Sub
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

There are 9 buildings, two of the existing buildings will be demolished, so you will have 7 buildings and two lots included in this group of buildings. They must be sold together. 13 of the units are occupied. There are 8-2 bedroom units, 10-3 bedrooms, and 2-4 bedroom 2 1/2 bath townhouses in a building that was built in 2000. The vacancies do need some work. There was some damage from the 2025 tornado. All the buildings were completely rehabbed about 25 years ago with all new plumbing, electric, windows, roofs, and more so you have a good base to work with. Some of the units have updated HVAC systems, some of newer roofs. There are some rental restrictions from MHDC, but rents for your new tenants can be much higher than existing rents. Any new owner and management company must be approved by MHDC. There is another group of 4 buildings with 12 units that are also available

Additional Information

School District
St. Louis City
Elementary School
Ashland Elem. and Br.
Jr. High School
Yeatman-Liddell Middle School
Sr. High School
Vashon High
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

Listing courtesy of Richard Sorkin. Sorkin & Associates, LLC

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


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