4220 Dewey Ave, Saint Louis, MO 63116

Studio-- baths3,536 sqft Edit

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Sold
Sold on 02/27/14
Zestimate®: $105,574
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My Notes

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Opportunity to own a fully rented turn-key 4 family that underwent a 2010 full renovation. The renovation included new electric, plumbing, flooring, windows, rubber roof, decks, dishwashers, stoves, and fridges. In addition there are new cabinets, toilets, sinks, tile back splashes and showers. There are two separated walk out basements with washer/dryer hook ups and lots of room for storage. Renovation included new water service, front and rear doors, kitchens are all wired for over the range microwaves. New concrete was added all around and front stairs 2012. There are also 4 parking spots for off street parking in the rear of the building. Rents for the building are $520, $495, $485, $495 for a total monthly collection of $1,995.00, generates $23,940.00 gross rent annually. Return on investment after fixed expenses is 15%. Current management can stay in place if buyer is interested. This one won't last!  More Less 

Facts

  • Lot: 5,009 sqft
  • Multi Family
  • Built in 1915
  • Views: 592 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Feb 2014

Additional Features

  • Building Desc: Ext Ent
  • Construction: Stone Msn Pred
  • Fixed Expenses: Insurance
  • Fixed Expenses: Taxes
  • Parking Description: On Street Parking
  • Sewer: Public
  • Water: Public
  • Parking Description: Off Street
  • Type of Units: 4-Family
  • Tenant Pays: Electric
  • Tenant Pays: Gas
  • Fixed Expenses: Sewer
  • Fixed Expenses: Trash Removal
  • Fixed Expenses: Water
  • Appliances_Some: Some Disposal(s)
  • Appliances_Some: Some Shower Bath(s)
  • Appliances_Some: Alarm Det
  • Operating Expenses: Fixed Expenses
  • Propane Tank: None
  • Tenancy Type: Leases
  • Appliances_Some: Some Insultd Windows
  • Miscellaneous: Balcony
  • Miscellaneous: Storage Room Avail
  • Status: Contingent No Kickout
  • SPDC: Renovated
  • SPDC: Rehabbed
  • SchoolDistrict: St. Louis City
  • Special Listing Conditions: None

Appliances Included

  • Dishwasher
  • Microwave
  • Range / Oven
  • Refrigerator

Construction

  • Exterior material: Brick
  • Stories: 2
  • Unit count: 4

Other

  • Floor size: 3,536 sqft
  • Heating: Gas
  • Last remodel year: 1914
  • Laundry: Shared
  • Lot width: 40 ft
  • Parcel #: 26440000700
  • Zillow Home ID: 2951973

Zestimate Details

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$105,574
+$2,796 Last 30 days
$90K
$118K
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$695/mo
-$45 Last 30 days
$500
$1.1K
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Improve This Home's Value

The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

Mid-Range Minor Kitchen Remodel

  • Mid-Range Minor Kitchen Remodel

  • + 30.6K VALUE
  • Project cost: $20,038
  • See kitchen ideas

Mid-Range Bathroom Remodel

Deck Addition

Popularity on Zillow

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592 all-time views
of this home (chart)
68 forecasted views of this home
in the first 7 days after listing for sale
(55 views if listed for rent)

Comparable Homes

Homes like this sold for $87-122K.

$70K
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Mortgages

Neighborhood: Dutchtown

Zillow predicts Dutchtown home values will fall 1.5% next year, compared to a 2.7% increase for Saint Louis as a whole.

Foreclosures will be a factor impacting home values in the next several years. In Dutchtown, the number of foreclosures waiting to be sold is 100.6% higher than in Saint Louis, and 564.8% greater than the national average. This higher local number may prevent Dutchtown home values from rising as quickly as other regions in Saint Louis.  read more Less 

Nearby

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    Nearby Schools in Saint Louis

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org