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Buy a multi-family propertyat 3323 Osage Street, St Louis, MO 63118

$295,000

$0/mo

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Multifamily

4,186 Sq. Ft.

5,492 Sq. Ft. lot

286 Days on market

23042390 MLS ID

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About 3323 Osage Street multi-family property

This 4 family is over 4,000 sq feet with 1,000 sq ft, 2 bedroom units. Building has updated systems, storage for tenants in the basement, washer dryer hookups for the tenants. Three out of the four units have been updated, the units rent for $2,830 a month which is $33,960 annualized. There is the potential to raise rents in the future with 2 bedroom apartments renting for as much as $1,200 nearby. Building sits across from Marquette Park with swimming pool, playground and tennis courts. Can be purchased with 4422 Michigan, 4418 Michigan, 2201 Alberta for a total of 4 buildings with 14 total units with 18 total bedrooms.
This 4 family is over 4,000 sq feet with 1,000 sq ft, 2 bedroom units. Building has updated systems, storage for tenants in the basement, washer dryer hookups for the tenants. Three out of the four units have been updated, the units rent for $2,830 a month which is $33,960 annualized. There is the potential to raise rents in the future with 2 bedroom apartments renting for as much as $1,200 nearby. Building sits across from Marquette Park with swimming pool, playground and tennis courts. Can be purchased with 4422 Michigan, 4418 Michigan, 2201 Alberta for a total of 4 buildings with 14 total units with 18 total bedrooms.

Property details

Property Access

Driveway: None

Appliances & Equipment

"Some Refrigerator(s)", "Some Range Oven(s)", "Some Smoke Alarm(s)"

Building

Above Grade Finished Area: 4186 Sq.Ft.

Above Grade Finished Area Source: Public Records

Construction Materials: "Brick"

Building Age: 101

Building Description: Apt/InteriorEntrance

Year Built: 1922

Community

Neighborhood: Dutchtown

Cooling

Cooling: "Electric"

Disclosures

Disclosures: "Unknown", "Sellers Discl. Avail"

Expenses

Operating Expense Includes: "Insurance", "Water/Sewer", "Taxes", "Trash", "Fixed Expenses", "Maintenance"

Heating

Heating: "Forced Air"

Heating Included

Heat Source: Gas

Home Owner's Association

Fee: 0

Fee Frequency: None

Income

Net Operating Income: 26881

Listing

Lease Term: Leases

Price per Sq.Ft.: $70

Transaction Type: Sale

Ownership Type: Private

Location

Major Area: Central East

Parcel Number: 2575-00-0360-0

Subdivision Name: St Louis Commons Add

Township: St. Louis City

Lot

Lot Size Acres: 0.1261

Lot Size Dimensions: 40x125

Lot Size Source: County Records

Lot Size Square Feet: 5493 Sq.Ft.

Miscellaneous

Misc. Features: Laundry Facl-Commty,Other,Storage Room Avail

Parking

Features: "On Street"

Possession

Possession: "Close Of Escrow"

Property

Type of Units: 4-Family

Property Condition: "None"

Property Sub Type: Multi-Family 2-4

Schools

Elementary School: Monroe Elem.

High School: Roosevelt High

High School District: St. Louis City

Middle Or Junior School: Fanning Middle Community Ed.

Sewer

"Public Sewer"

Taxes

Prop Asses City Tax: 1

Annual Tax Amount: 1204

Tax Legal Description: C. B. 2575 OSAGE ST 39 FT 7 1/2 IN X 125 FT 1ST CITY SUBDN BLOCK 2 LOTS 10 & W-9

Tax Year: 2022

Tenant Pays

Tenant Pays: "Gas"

Utilities

Water Source: "Public"

Monthly cost

Estimated monthly cost

$1,931/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$277,300

+$8,850

$286,150

Seller agent commission$8,850 (3%)*

$0 (0%)

Buyer agent commission$8,850 (3%)*

$8,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $8,850 more selling your home
with an Unreal Estate agent

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State

  • Land for sale in Missouri
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Unreal Estate checked: May 5, 2024 at 4:21 a.m.

Data updated: Aug 4, 2023 at 2:37 p.m.

Listing courtesy of Invest St. Louis.
Information from third parties, deemed reliable but not guaranteed. Listings displayed by this website do not constitute the full database as provided by MARIS. Certain listings have been excluded.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Data Exchange.

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