3511 Pennsylvania Ave, St Louis, MO 63118

$190,000
1,760
SqFt

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List Price
$190,000
Price Change
▼ $10,000 1784601036
Days on Market
119
MLS#
26028542
Status
ACTIVE
Living Sq. Ft
1,760
Lot Size
3,149
Acres
0.07
Year Built
1910
Subdivision
Guckers
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

$190,000 — APPRAISED AT $205,000. FULLY LEASED AT $2,265/MO. $15,000 in equity at closing. Both units occupied and performing! 1.19% rent-to-price, 8.4% cap. Gut renovated 2024: brand new roof, furnaces, water heaters, electrical panels. Nothing deferred. Both units feature 2 bedrooms, 1 bath, a separate living room, and an open-concept kitchen. Stylishly designed with in-unit laundry and access to a large private backyard. The upper unit is leased at $1,105/month, and the lower unit is leased at $1,160/month. Appraisal, rent roll, leases, and full expense breakdown available on request. Seller will consider a rate buydown credit in lieu of price reduction. Owner-occupants: FHA 3.5% down, live on one side, the other covers most of the note. Perfect for investors or owner-occupants looking to house hack.

Additional Information

School District
St. Louis City
Elementary School
Froebel Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Parking Description
Garage
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional, FHA, VA Loan

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Listing courtesy of EXP Realty, LLC.

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