$56,000
$75,000
25.3%For more information regarding the value of a property, please contact us for a free consultation.
4255 W Ashland St Louis, MO 63115
3,496 SqFt
Key Details
Sold Price $56,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,496 sqft
Price per Sqft $16
Subdivision James B Clay Add
MLS Listing ID 23060988
Sold Date 04/19/24
Year Built 1907
Annual Tax Amount $578
Lot Size 6,229 Sqft
Acres 0.143
Lot Dimensions 115x49.5
Property Sub-Type 2-4 Units
Property Description
Substantial price reduction on this attractive two family building with two townhouses. Each townhouse has 3 bedrooms and 1 1/2 baths and central air. The building was rehabbed several years ago and has been well maintained. A new roof and two new water heaters were installed in 2022 as well as one new furnace. The rents are low because of rent restrictions related to current financing. Many restrictions will be released at the sale. The remailing restrictions limit existing tenants to a 7% per year rent increase for a period of five years. No rent restrictions on new tenants. Also, tenants cannot be evicted except for good cause, (non payment, lease violations, etc.)
Location
State MO
County St Louis City
Area 5 - North
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Hickey Elem.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Carol SFarley
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