9216 Central Avenue

St. Louis, MO 63114

$275,000
Price
Beds
2,880 Sq. Ft.
$95 / Sq. Ft.
2,880
Sq. Ft.
$95
per Sq. Ft.

Description

Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental. Sold as-is, this project is perfect for those ready to invest sweat...Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental. Sold as-is, this project is perfect for those ready to invest sweat equity to force appreciation and unlock exceptional returns. Seize the chance to revitalize and reap the rewards of this promising investment. Ideal for visionaries aiming to expand their portfolio and maximize earnings through strategic renovation.
  1. Listed by Donald Shaver • Invest St. Louis

Property Details for 9216 Central Avenue

Cross Street
Woodson

Location

Listing Courtesy of Invest St. Louis
Add your commute
LISTING UPDATED: 04/05/2024 08:26 AM

Property Details for 9216 Central Avenue

StatusActive Under Contract
MLS #24015150
Days on Market22
Taxes$3,776 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1954
Lot Size0.18 AC / 7,841 SF
CountySt. Louis County

Location

Listing Courtesy of Invest St. Louis
Add your commute

Building Information for 9216 Central Avenue

Stories-Residences-Year Built1954Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$1,815 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,501

Property Taxes

$315

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9216 Central Avenue

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis
  • Directions: GPS
  • Latitude: 38.720198
  • Longitude: -90.358073
  • Postal Code: 63114
  • State Or Province: MO
  • Sub division Name: Shackelford Place
  • Postal Code Plus 4: 4000
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Prop Asses City Tax: 1
  • Parcel Number: 13K-11-1825
  • Tax Annual Amount: $3,776.00
  • Tax Year: 2023
Owner
  • Township: St. John
  • Owner Name: Akshay A Patil
Parking
  • Attached Garage: No
  • Parking Features: More Than 1 Spc/Unit, Open
  • Driveway: Asphalt
School Information
  • Elementary School: Marvin Elem.
  • High School: Ritenour Sr. High
  • High School District: Ritenour
  • Middle Or Junior School: Ritenour Middle
Property
Lot Information
  • Lot Size Acres: 0.18
  • Lot Size Dimensions: 50x159
  • Lot Size Source: County Records
  • Lot Size Square Feet: 7841.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 2880.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 2
  • Building Desc: Apt/InteriorEntrance,Needs Rehab
  • Photos Count: 1
  • Videos Count: 0
  • Year Built: 1954
  • Disclosures: Other Disclosures,Flood Plain No,Occupancy Perm Req,Sellers Discl. Avail
  • Age: 70
  • Construction Materials: Brick
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Some Range Oven(s)
  • Heat Source: Electric
  • Cable Available: 1
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Individual Furnaces
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 4-Family
Income & Expenses
  • Net Operating Income: $33,600.00
  • Operating Expense Includes: Insurance,Water/Sewer,Taxes,Trash,Fixed Expenses,Maintenance,Manager
  • Total Expenses: 12000.00
Unit 1
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Unit 2
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Unit 3
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Unit 4
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Rental
Rent Information
  • Lease Term: One or More Vacant
  • Tenant Pays: Electricity, Gas

Property History for 9216 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9216 Central Avenue

Taxable ValueLand$3,210Additions$41,630Total$44,840
Tax Record2023$3,776 ($315 / month)
Home Facts
Baths4Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size7,841 SqFtStyleMulti-Family Dwelling (2-4)Year Built1954ZoningR1CountyST. LOUISAPN13K-1-1-182-5

Schools near 9216 Central Avenue

This home is within Ritenour School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Marvin Elementary School
PublicK to 5

Ritenour Middle School
Public6 to 8

Ritenour Sr. High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Invest St. Louis

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.