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4344 McRee Avenue

St Louis, MO 63110
3,570 sqft
$595,000
Photo of 4344 McRee Avenue St Louis MO 63110

Details

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With rents below market value, this building has the potential of an over 8.5% CAP RATE when increased. This 4-family consists of 3 one bedroom units and 1 two bedroom unit. Each unit is approximately 690sf with a spacious living room, kitchen, bathroom & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!

Specs

Type Residential Income
Style 2 Story
Total Living Area 3,570 sqft
Square Footage 3,570 sqft
Lot Size 0.11 acres
Year Built 1924
Taxes Paid $822

Lots & Building Features

Appliances Free-Standing Electric Oven, Washer/Dryer, Refrigerator, Dishwasher
Architecture Low/1-2, Apartment Style, Historic
Construction Stone Veneer, Brick
Cooling Ceiling Fan(s), Central Air
Heating Forced Air
Tax Year 2025
Taxes Paid $822

Room Details

Basement Description Cellar, Sump Pump, 8 ft + Pour, Unfinished

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Financing

$
20%
0.1381512605042%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
School District St. Louis City
Subdivision Shaws Vandevnter Ave Add

Schools

Elementary School Adams Elem.
Junior High School Elias Michael Elem.
Senior High School Vashon High
Nidhi Soni, The Hermann London Group LLC