Multi-Family for Sale: 3940 Miami, St Louis, MO 63116 SOLD
3940 Miami, St Louis, MO 63116 SOLD
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Selling Price: $357,625
Original List Price: $315,000
Sold at 113.5% of list price
Sold Date: 09/13/2022
Square Feet: 3,128 sqft
Lot Size: 0.12 acres
Year Built: 1924
City: St Louis
Area: South City
County: St Louis City
School District: St. Louis City
Subdivision: Tower Grove South
DOM: 6 days
This quality 4-family is located in Tower Grove South; a stone's throw from Farmer's Markets & kickball in Tower Grove Park, all the restaurants in the South Grand District and right around the corner from a recently built supermarket. This property has several stand-out attributes: first, there have been EXTENSIVE capital improvements which include a new ROOF in 2018, significant spot tuckpointing on all sides and new insulation in the attic. The 2W unit was being used as an Air Bnb averaging $1200-$1500/month in profit. Additionally, the 2E unit has had significant renovation (see more details in supplements). Each unit has a second potential sleeping space/office as well. Rents are $875/1E, $720/1W, $900/2E and 2W if not Air Bnb could reasonably get $900+ monthly. Top that off with a 2 car garage and 2 car parking pad. This property would be excellent for an owner occupant who wants their mortgage more than paid for or for the smart investor who wants to turn a nice profit.
Lot & Building Features
Appliances: Some Dishwasher(s), Some Refrigerator(s), Some Microwave(s), Some Disposal(s)
Heat Source: Gas
Heating: Forced Air
Parking Description: Additional Parking, Other, Off Street, Detached Garage - 1-2 Car, Covered
Sewer: Public Sewer
Tax Year: 2021
Taxes Paid: $2,950
Lot Dimensions: 45 X 120 ft
Community and Schools
Elementary School: Oak Hill Elem.
Junior High School: Long Middle Community Ed. Center
Senior High School: Roosevelt High
Price History of 3940 Miami, St Louis, MO
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
3940 Miami, St Louis, MO
|Location Map||Street View||Walk Score||Bird's Eye|
Real Estate Agent
3537 S Kingshighway Blvd
Saint Louis, MO 63139
Saint Louis, MO 63139
Listed by Garcia Properties, Jeannie Caro & Todd Shasserre
Sold by Circa Properties, Crystal Hauge
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Listing information courtesy of: Garcia Properties
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