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4317 California Avenue

St Louis, MO 63111

Property Overview
Price: $175,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 25015765
Property Description
BACK ON THE MARKET, BUYER HAD A CAR ACCIDENT PRIOR TO INSPECTIONS & TERMINATED, no fault of seller. Spacious UPDATED Duplex with CAP RATE OF 9.5% after expenses deliver strong cash flow with rents at $20,580/year ($865, $850). One unit has 2 Bedrooms and 1 Bath, and the other is a very large 1 Bedroom and 1 Bath. Units share a full basement. This well-maintained, fully occupied cash cow was fully rehabbed less than 10 years ago with updated plumbing, newer kitchen & baths, newer windows, newer water heaters, individual forced air furnaces and central air units. All electric property. With low operating costs & updated components, it provides a great return for investors seeking steady cashflow income. Great cash flow opportunity on this building in better than average condition. Excellent opportunity for a savvy investor to Buy & Hold. Tenant occupied, no showings without an accepted offer. Convenient location near Highway 55 and Downtown.
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Featured Agent
Marty Ribaudo
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Listing Brokered by Nettwork Global
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