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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 750,000

Est. payment | -/mo

10,584 SqFt

Save

$ 750,000

Est. payment | -/mo

Save

10,584 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 10,584 sqft

Price per Sqft $70

Subdivision Grand Dover Park

MLS Listing ID 26017866

Style Apartment Style

Year Built 1940

Annual Tax Amount $6,395

Lot Size 0.278 Acres

Acres 0.2781

Property Sub-Type 5 Family or More

Property Description

Presenting 3656–3660 Bates Street, a fully leased 8-unit brick apartment building located in South St. Louis. Situated along a residential corridor, the property offers investors a stabilized asset in an established neighborhood with strong rental demand and low tenant turnover. The property consists of eight two-bedroom, one-bathroom units, all of which have been updated in recent years. Units feature efficient layouts, hardwood flooring, ample natural light, and both front and rear private entrances. The building is secured by an electronic entry system and offers off-street parking, new concrete patio and walkways, and newly constructed decks and stairways. Significant capital improvements include a new roof (2021), new foundation (2022), tuckpointing, four new HVAC systems, and four new hot water heaters, positioning the property for minimal near-term capital needs. Conveniently located near public transportation, major highways, shopping, dining, Carondelet Park, and the YMCA.

Location

State MO

County St Louis City

Area 3 - South City

Interior

Cooling Central Air

Fireplace N

Exterior

Parking Features false

View Y/N No

Building

Structure Type Brick

Schools

Elementary Schools Woodward Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Matt Bukhshtaber • CBRE

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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3656 Bates ST St Louis, MO 63116