4220 Dewey Ave, Saint Louis, MO 63116

-- beds4 baths3,536 sqft Edit

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Sold
Sold on 02/27/14
Zestimate®: $102,350
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My Notes

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Great 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. 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 is also 4 spots for off street parking in the rear of the building. Total monthly collection is $1,785.00 and brings in $21,240.00 annually. Return on investment after expenses 13.3% Annually! Currently there is a 100% collection rate - almost never late rent. Current management can stay in place if buyer is interested for 8% of gross rent collection. This one won't last long! Brokered And Advertised By: Invest St. Louis Listing Agent: Jordan Schoen  More Less 

Facts

  • Lot: 4,791 sqft
  • Multi Family
  • Built in 1915
  • Views: 437 all time views
  • Last sold: Feb 2014

Construction

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

Other

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

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$102,350
-$847 Last 30 days
$91K
$113K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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$614/mo
+$3 Last 30 days
$473
$1K
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Popularity on Zillow

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437 all-time views
of this home (chart)
62 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $87-135K.

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Mortgages

Neighborhood: Dutchtown

Zillow predicts Dutchtown home values will decrease 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.

Learn more about forecast calculations or Dutchtown home values.
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    Nearby Schools in Saint Louis

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    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