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4219 Neosho Street
St Louis MO 63116 US

$575,000

Active Under Contract Listing ID 24061749
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Lot: 0.16 Acres
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Other

$575,000

Active Under Contract Listing ID 24061749
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4219 Neosho Street Welcome to this 8-unit apartment building in charming Bevo. Built with brick and masonry, it delivers 7, 695 sf of curb appeal and durability. Inside are six 2-bed and two 1-bed units, all with private bedrooms, updated baths, and lots of original craftsmanship. Most units have LVP flooring in living room and bedrooms; some 2F units have carpet. The building is all electric, and central air was added in 2022. Pex water lines, updated electric panels, mostly PVC stacks. TPO roof (pre-2018 ownership) with 1/3 recently re-covered by seller. Some off-street parking is available. Tenants enjoy close access to public transportation, restaurants, and shopping, and love having just one utility bill. Current rents + $750 pro forma for vacancy = $66, 600 gross annual income less 2023 basic op. expenses of $17, 627 = $48, 973, a 8.5% cap at asking price. This property offers consistent cash flow as is, w/upside opportunity. Ask your agent for SD, rental property verification, & Rentometer report.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s)
  • Heating Fuels: Forced Air

School Information

  • School
  • Oak Hill Elem.(Elementary)
  • Long Middle Community Ed. Center(MiddleSchool)
  • Roosevelt High(HighSchool)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 575000
  • unparsedaddress: 4219 Neosho Street
  • postalcity: St Louis
  • stateorprovince: MO
  • country: US
  • postalcode: 63116
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1581
  • lotsizeunits: Acres
  • lotsizearea: 0.1581
  • livingarea: 7695
  • livingareaunits: Square Feet
  • latitude: 38.584404
  • longitude: -90.264477
  • listagentfullname: Tammy Derrigan
  • listagentemail: tammyderrigan@gmail.com
  • listagentkey: 3yd-MARISMO-TDERRIGA
  • listagentmlsid: TDERRIGA
  • listagentpreferredphone: 3145184347
  • listagentofficephone: 2220065
  • listofficekey: 3yd-MARISMO-WCLK01
  • listagentstatelicense: 2016008170
  • listofficemlsid: WCLK01
  • disclaimer: Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1927
  • listagenturl: http://www.worthclark.com
  • countyorparish: St Louis City
  • parcelnumber: 5874-00-0220-0
  • elementaryschool: Oak Hill Elem.
  • highschool: Roosevelt High
  • elementaryschooldistrict: St. Louis City
  • middleorjuniorschooldistrict: St. Louis City
  • highschooldistrict: St. Louis City
  • cooling: Ceiling Fan(s)
  • constructionmaterials: Brick
  • heating: Forced Air
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Unassigned
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -90.26448, 38.584404
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Worth Clark, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tammyderrigan@gmail.com", "ListBrokerageCity":"Chesterfield", "ListBrokerageCountry":"US", "ListBrokerageEmail":"steven@worthclark.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MARISMO/26cdabd12ebb11e0b02800219b994c72/20140514190010355.png", "ListBrokerageName":"Worth Clark, Inc.", "ListBrokeragePhone":"(800) 991-6092", "ListBrokeragePostalCode":"63005", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":"2nd Floor", "ListBrokerageUnparsedAddress":"100 Chesterfield Business Pkwy", "ListBrokerageWebsiteUrl":"http://www.worthclark.com", "ListOfficeAddress1":"100 Chesterfield Bus Pkwy 2 Fl", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"STEBARKS", "ListOfficeCity":"Chesterfield", "ListOfficeCountry":"US", "ListOfficeEmail":"agentsupport@worthclark.com", "ListOfficePostalCode":"63005", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family 5+ - St Louis, MO", "ListingURL":"https://listings.listhub.net/pages/MARISMO/24061749/?channel=rexren", "MLSModificationTimestamp":"2024-12-20T17:04:04Z", "Neighborhoods":[{"Description":null, "Name":"South City"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3091, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/21/2024 12:12:10 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Tammy Derrigan, Worth Clark Realty, tammyderrigan@gmail.com

Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.