BEDS0
BATHS
SQUARE FEET9,402
MLS#26066224
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEuclid Place Amd Sub
SCHOOLSt Louis City
Property Description
4432-4434 Olive presents a prime investment opportunity in the heart of St. Louis' prestigious Central West End neighborhood. The property consists of 8 apartments. The property underwent a total and complete redevelopment in late 2012. All systems were updated or installed at that time. This results in a fully updated building with modern finishes that retains its historic charm which tenants desire. Each unit is a large 2 bed & 2 bath unit with in unit laundry. The rear of the property has a secure eight car parking lot.The property not only offers strong in place financial performance but also allows for significant appreciation through raising rents to market. This is truly an amazing opportunity in the City's premier Central West End neighborhood, with significant upside.Another strategy is to convert the units to condos for resale. The immediate area has multiple sale comparables that average $285,000for a 2 bed, 2 bath unit. This provides a very lucrative exit strategy.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: 8 ft + Pour
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.18 Acres
Taxes: $11,670
Year Built: 1897
Feature Descriptions
Days on Site: 1
Exterior: Brick
Parcel#: 4580-05-0060-1
Parking: Secured
Parking Notes: Secured
SQFT. Above Grade: 9402
Units: 8
Water: Public
Local Schools
High School: Sumner High
Middle School: Yeatman-Liddell Middle School
Elementary School: Hickey Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: Salient Realty Group, LLC
Shown By
Agent Name: Katie Berry
Agent Phone: 314.541.4887
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 8,721.24 per month $7,354.99 Principal & Interest $972.50 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
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4432 Olive Street | MLS# 26066224
This multi-family property located at 4432 Olive Street , Saint Louis, MO 63108 is currently listed for sale with an asking price of $1,350,000. Olive Street is located within the St Louis City school district. Search Saint Louis real estate on katieberry.redkeystlouis.com today.