5434 Morganford
St Louis, MO 63116

Description

Great opportunity to get into owning an investment property. This charming, clean, well-maintained four-family has tons of cash flow potential! Total monthly rent of $2,510 ($30,120 annually). Upgrades include refinished hardwood flooring, 3 units have newer kitchens with newer stoves, refrigerators and dishwashers. Decks off bedrooms, 2 units have St Louis Closet Company closets. Roof and gutters 5 years, 2 hot water heaters 5 months, and updated electrical, updated plumbing. Newer tilt-in windows in all units, 4 car detached garage w/newer siding and doors, newer storage units in the dry basement and all units have separate laundry areas in the basement. The units are leased for $595, $655, & $630 (variances are based on garage access). Vacant unit can be easily rented for $680. The $595 unit is leased to a long term tenant under market rent. Fantastic location attracts great tenants...Reserve your time to see this property today!

Details

MLS#19053925
Sub-TypeResale
StatusPending - Show
Year1939
Days On Site39

Features

SQ Feet3,900
Units4
Building(s)1

Market Activity 63116

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63116
AreaSouth City
Listing VS Median (in 63116)
Price:
$255,000
low | high
Med:
$129,250
99.313725490196% of Average
SqFt:
3,900
low | high
Med:
1,990
98.974358974359% of Average
$ / SqFt:
$65
low | high
Med:
$65
50.535259613554% of Average
On Site:
39
low | high
Med:
88.500000
44.067796610169% of Average
Listing Updated: 08/24/2019
MLS Number: 19053925
Listing Provided By:
Mike Nettemeyer  of  Keller Williams Realty Chester