5321 Michigan Avenue, Saint Louis, MO 63111

$245,000
  • 5321 Michigan Avenue, Saint Louis, MO 63111 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET3,536 MLS#26015828
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMichigan Heights Condo SCHOOLSt Louis City

Property Description

This well-maintained 4-family building is a smart and solid income-producing property, perfect for an investor or an owner-occupant looking to have 3 tenants help cover the mortgage! Each unit is approximately 900sf and features a private interior entrance, spacious living room, bedroom, kitchen and bathroom. 2 units have recently been vacated and received cosmetic updates, making them move-in ready for lease or owner occupancy. The remaining 2 units are occupied; 1 on a month-to-month lease (also an updated unit) offering the potential to renovate and re-lease at higher rental rate. Each side has a separate basement that includes PVC sewer stacks, laundry hookups and ample storage, rounding out an excellent investment opportunity.

5321 Michigan Avenue | MLS# 26015828

This multi-family property located at 5321 Michigan Avenue, Saint Louis, MO 63111 is currently listed for sale with an asking price of $245,000. Michigan Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.jenrossrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished, Walk-Out Access
Cooling: Window Unit(s)
Heating: Forced Air
Lot Size: 0.13 Acres
Taxes: $2,455
Year Built: 1926

Feature Descriptions

Days on Site: 5
Exterior: Brick, Stone
Parcel#: 2823-00-0060-0
SQFT. Above Grade: 3536
Units: 4
Water: Public

Local Schools

High School: Roosevelt High
Middle School: Lyon-Blow Middle
Elementary School: Woodward Elem.
School District: St Louis City

Listed By / Shown By

Listed By

Agency Name: Garcia Properties

Shown By

Agent Name: Jen Ross
Agent Phone: Cell: (314) 280-9386
Agency Title: RedKey Realty Leaders

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Estimated Payment

$ 1,610.84 per month $1,334.79 Principal & Interest $204.58 Property Tax $71.46 Homeowner's Insurance

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David Ames, Sales Manager, NMLS #738479

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