3644-3646 Bates St, Saint Louis, MO, 63116
3644-3646 Bates St, Saint Louis, MO, 63116 - Image 23644-3646 Bates St, Saint Louis, MO, 63116 - Image 33644-3646 Bates St, Saint Louis, MO, 63116 - Image 43644-3646 Bates St, Saint Louis, MO, 63116 - Image 5

3644-3646 Bates St, Saint Louis, MO, 63116

4 bedrooms · 4 baths · 3,552 sq.ft.

Attention Investors! FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46,020 in annual rental income with reported annual operating expenses of approximately $10,393, producing an estimated Net Operating Income (NOI) of $35,627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call NOW

Information

Property typeMulti Family
Size3,552 sq.ft.
Plot size6,673 sqft
Year built1927
Stories2
Price per sq.ft.USD 106
Last sold2015-08-04
CountySaint Louis City
ZIP code63116
LocationSaint Louis, United States

USD 375,000

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Where it's located

Saint Louis, United States

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