BEDS0
BATHS
SQUARE FEET3,552
MLS#26051182
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGarnd Dover Park
SCHOOLSt Louis City
Property Description
Attention Investors - FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46,020 in annual rental income with reported annual operating expenses of approximately $10,393, producing an estimated Net Operating Income (NOI) of $35,627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call now for more information
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Home Style: Apartment Style
Lot Size: 0.15 Acres
Taxes: $3,161
Year Built: 1927
Amenities
Ceiling Fan(s)
Eat-in Kitchen
Feature Descriptions
Days on Site: 5
Exterior: Brick
Laundry: In Basement, Electric Dryer Hookup, Multiple Locations, Other, Washer Hookup
Lot: City Lot
Parcel#: 5863-00-0130-0
Parking: Additional Parking, Off Street, On Site, On Street, Parking Pad
Parking Notes: Additional Parking, Off Street, On Site, On Street, Pa
Units: 4
Water: Public
Local Schools
High School: Roosevelt High
Middle School: Lyon-Blow Middle
Elementary School: Woerner Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Shown By
Agent Name: Ed Kidd
Agent Phone: 314.371.6810
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 2,415.84 per month $2,043.05 Principal & Interest $263.42 Property Tax $109.38 Homeowner's InsuranceChange Payment Information
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3644-3646 Bates Street | MLS# 26051182
This multi-family property located at 3644-3646 Bates Street , Saint Louis, MO 63116 is currently listed for sale with an asking price of $375,000. 3644-3646 Bates Street is located within the St Louis City school district. Search Saint Louis real estate on edkidd.redkeystlouis.com today.