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3701 Phillips Place

St Louis, MO 63116
  • $450,000
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: 23064549
Price Reduced
UPDATED: 32 min ago
$450,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,935
    SQFT
  • $57
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1942
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

Rare find solid brick 8 Family Building in a Great St. Louis South city. Excellent Investment Opportunity! It is fully rented and there is room to expand Gross. Good 1031 Exchange Opportunity. Newer roof, newer electrical, separate basements, decent fenced-in yard. Many long-term tenants. Each Unit has newer paint, appliances, cabinets, windows, vanity, hot heater, electric, window units (tenant owned), and furnace. Updates include 3-year-old, 2 new stoves/ovens, and newer electric panels. Close to parks, schools, shopping, restaurants and hospitals! Property to be sold as-is. Seller Will Not Provide Any Inspections or Make Any Repairs. Please Include Proof of Financing with the Contract. The address on Building 3719-3723 Giles Ave. PLEASE NOTE TAX RECORDS INDICATE THE PROPERTY ADDRESS OF 3701 PHILLIPS PLACE***HOWEVER***MAILING THE ADDRESS IS 3719-23 GILES. Please do not disturb tenants.

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-02-28T23:39:38.61.

Hartmann Realtors Inc.: (618) 344-7900
www.hartreal.com/homes/145188003
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3701 Phillips Place St Louis, MO 63116

  • Price: $450,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 32 min ago
  • ID#: 23064549
0
Beds
0
Baths
0
½ Baths
0.14
Acres
7,935
SQFT
$57
$/SQFT
1942
Built
Neighborhood:
Phillips Add
County:
St Louis City
Area:
South City
Elementary School:
Froebel Elem.
Middle School:
Fanning Middle Community Ed.
High School:
Roosevelt High
School District:
St. Louis City
Property Description
Rare find solid brick 8 Family Building in a Great St. Louis South city. Excellent Investment Opportunity! It is fully rented and there is room to expand Gross. Good 1031 Exchange Opportunity. Newer roof, newer electrical, separate basements, decent fenced-in yard. Many long-term tenants. Each Unit has newer paint, appliances, cabinets, windows, vanity, hot heater, electric, window units (tenant owned), and furnace. Updates include 3-year-old, 2 new stoves/ovens, and newer electric panels. Close to parks, schools, shopping, restaurants and hospitals! Property to be sold as-is. Seller Will Not Provide Any Inspections or Make Any Repairs. Please Include Proof of Financing with the Contract. The address on Building 3719-3723 Giles Ave. PLEASE NOTE TAX RECORDS INDICATE THE PROPERTY ADDRESS OF 3701 PHILLIPS PLACE***HOWEVER***MAILING THE ADDRESS IS 3719-23 GILES. Please do not disturb tenants.
Exterior Features

Attached Garage YN No Construction Materials Brick Lot Size Dimensions 50x122 Lot Size Source County Records Parking Features On Street

Interior Features

Above Grade Finished Area Source Public Records Cooling Wall Unit(s)Window Unit(s) Heat Source Gas Heating Gravity Air Heating YN Yes Laundry Features Common Laundry

Property Features

Association St. Louis Association of REALTORS Association Fee 0 Association Fee Frequency None Current Financing Cash OnlyConventional Disclosures UnknownCityCode Compliance ReqdFlood Plain NoLimited Seller DisclOccupancy Perm Req Inclusions Building & Land Lease Term Month To Month Location City Net Operating Income 36486 Ownership Private Possession Close Of EscrowSubject to Tenant Rights Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3244 Tax Year 2022 Tenant Pays ElectricityGas Transaction Type Sale Water Source Public

Listing provided courtesy of RE/MAX Results: 8948775. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-02-28T23:39:38.61.

Hartmann Realtors Inc.: (618) 344-7900
 
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