4333 N Newstead Ave, St Louis, MO 63115
- $600,000
- 3,744
- SqFt
- List Price
- $600,000
- Days on Market
- 1
- MLS#
- 26047319
- Status
- ACTIVE
- Living Sq. Ft
- 3,744
- Lot Size
- 5,083
- Acres
- 0.12
- Year Built
- 1912
- Subdivision
- Hutchinsons 3rd Sub
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
There are 9 buildings, two of the existing buildings will be demolished, so you will have 7 buildings and two lots included in this group of buildings. They must be sold together. 13 of the units are occupied. There are 8-2 bedroom units, 10-3 bedrooms, and 2-4 bedroom 2 1/2 bath townhouses in a building that was built in 2000. The vacancies do need some work. There was some damage from the 2025 tornado. All the buildings were completely rehabbed about 25 years ago with all new plumbing, electric, windows, roofs, and more so you have a good base to work with. Some of the units have updated HVAC systems, some of newer roofs. There are some rental restrictions from MHDC, but rents for your new tenants can be much higher than existing rents. Any new owner and management company must be approved by MHDC. There is another group of 4 buildings with 12 units that are also available
Additional Information
- School District
- St. Louis City
- Elementary School
- Ashland Elem. and Br.
- Jr. High School
- Yeatman-Liddell Middle School
- Sr. High School
- Vashon High
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- Cash, Conventional
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Listing courtesy of Sorkin & Associates, LLC.
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