Active MLS# 26021432

5247 Bancroft Avenue, St Louis City, MO 63109

Subdivision: Christy Southampton Add

List Price: $374,900

0

Bedrooms

N/A

Baths

2,788

Area (sq.ft)

$134

Cost/sq.ft

N/A

Type

39

Days on Market
Call Agent

Description

Welcome to 5247 Bancroft! A 3200 sq. ft. cash-flowing 4-Family apartment building located in the desirable South Hampton Neighborhood! Perfectly situated on a quiet tree-lined street. Long-term Tenants love living here on the peaceful side of the city. Close proximity to all the restaurants, parks, shopping and nightlife - but not too close! Make money from day one with $40,380 GOI / annual rent collection! Earning a 7.87% Cap rate after landlord expenses at current below market rents, with lots of room to grow! A perfect choice for owner occupant to live in the larger (month to month) unit and collect the rent! Turn-key investment property for landlords looking to grow passive their income in a premier location with friendly tenants that pay on time! 4 Easy-to-rent units, 3 featuring 4 rooms / walk-thru layout on the standard units (Living room, Bedroom, Dining area, and Kitchen) 1 bed/1 bath approximately 710 sq ft each, and one larger 2 bedroom 1 and 1/2 bathroom unit with 2 levels and in-unit laundry. The Larger unit has the same main-floor plan with a spiral staircase to the additional lower level bedroom, den, laundry and 1/2 bath! Out back there is deck space and parking spaces for each apartment. The character and charm is preserved including many stained glass windows and hardwood floors throughout the building. Get owner peace-of-mind with upgrades throughout including; modern central heat and A/C , updated PVC plumbing & copper water main service, romex wiring and circuit breaker panels, upgraded outside meter base and main electric service, newer commercial grade TPO roof and gutters. Don't delay! Now is the time to invest in your future with an income-producing property!

Property Information

List Price $ 374,900
Original Price $ 374,900
Status Active
MLS# 26021432
Bedrooms 0
Full baths 0
Half baths 0
Main Floor Full Baths 0
Sq. Ft. Above 2,788
Lot Size
Acres 0
Subdivision Christy Southampton Add
Municipality St Louis City
School District St. Louis City
County St Louis City
Property Type Residential Income
Style
Style Description
Transaction Type
Special Conditions Standard
Type
Building Exterior Amenities
Building Style Craftsman
Ownership
Special Description Standard
Appliances Some Dishwasher,Microwave,Range,Refrigerator,Washer/Dryer

Additional Information

Elementary School Buder Elem.
Jr. High School Long Middle Community Ed. Center
Sr. High School Roosevelt High
Association Fee None
Architecture Craftsman
Construction Brick,Concrete
Garage Spaces
Carport Spaces 0
Basement Description Bathroom,Partially Finished,Full
Fireplace Type
Fireplace Location
Lot Dimensions
Special Areas
Cooling Central Air
Sewer Sewer
Heating Forced Air
Water Public
Heat Source
Kitchen
Appliances Dishwasher,Microwave,Range,Refrigerator,Washer/Dryer
Dining
Interior Decor
Property Tax $3,500

Map Location

Change History

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Listing Courtesy of Realty Exchange - [email protected]