Great South City investment opportunity! Located in desirable Tower Grove South, this is a package for four duplexes in one structure at 3465, 3467, 3469, and 3471 S. Spring, each building separately deeded - please refer to tax records for each address. It is a mix of currently rented/rent supporting units, and 3 units that need cosmetic work (3469 1st and 2nd, and 3465 2nd). Rents in the rented units are $450 (3467 1st and 2nd), and $425 (3471 2nd, 3465 1st). 3471 1st was just rehabbed and ready for a tenant at $450. Seller has done various updates during ownership, including installing many thermal vinyl windows, a new 50 year torch down rubber roof (2019), some updated baths, some new flooring, some updated electric, some updated plumbing, and some newer furnaces. With targeted updates/renovation this property could be a very strong cash-flowing property!
Off market
$774,500
3465 S Spring Ave, Saint Louis, MO 63116
--beds
0baths
5,888sqft
MultiFamily
Built in 1913
-- sqft lot
$774,500 Zestimate®
$132/sqft
$1,226 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Lndry Connect all Un
Features
- Flooring: Other
Interior area
- Structure area source: Other
- Total interior livable area: 5,888 sqft
Property
Parking
- Parking features: On-street
- Details: On Street Parking
Features
- Exterior features: Other
Lot
- Features: City
Details
- Special conditions: Sale
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Low/1-2
Materials
- Roof: Other
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Saint Louis
Other
Other facts
- WaterSource: Public
- Heating: Forced Air, Gas
- GarageYN: true
- HeatingYN: true
- CoolingYN: true
- BuildingFeatures: Common Area Washer/Dryer, Lndry Connect all Un
- LotSizeSource: Other
- PetsAllowed: No
- NumberOfBuildings: 4
- BuildingAreaSource: Other
- LotDimensionsSource: Other
- OpenParkingYN: true
- TenantPays: Electricity, Gas
- LaundryFeatures: Common Area, Lndry Connect all Un
- ParkingFeatures: On Street
- SecurityFeatures: Smoke Detector(s)
- Cooling: Wall Unit(s), Ceiling Fan(s)
- Sewer: Public
- GrossIncome: 0.00
- SpecialListingConditions: Sale
- ArchitecturalStyle: Low/1-2
- ConstructionMaterials: Brick/Stone Msn Pred
- NetOperatingIncome: 0.00
- OperatingExpense: 0.00
- OtherParking: On Street Parking
- StructureType: Flat/Shotgun, Apartment Complex
- LotFeatures: City
- MlsStatus: Active
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Estimated market value
$774,500