SoldApr 4, 2023

Listed by Lynne Hart from Real Broker LLC

Bought with Stephanie Jones from Coldwell Banker Realty - Gunda

Source: Mid America Regional Information Systems, Inc. #22056704

4260 Michigan Ave, St. Louis, MO, 63111

Amount undisclosed

7248 sq. ft.
5101 sq. ft.

MultiFam

30+ days on the market

Sold: Apr 4, 2023

What's around 4260 Michigan Ave

About this property

READY to be your CASH COW! FULLY RENTED early February!! You don't see returns like this too often, should be a 11+% cap once fully occupied, numbers in process of being updated. Brand new TPO roof with 20 year warranty! Building generally in great shape with low need for maintenance, all tenants are current. Building is managed and can stay in place if desired. Ask your favorite agent for the supplemental documents which will have links to detailed information on Financials and condition as well as a tour of the open units. Note: This building has 3 addresses - 4260 & 4262 Michigan and 3119 Chariton and may appear like a 4 family and a 2 family but is all one parcel. Request your showing while we still have 1 unit open for showing, estimated occupied mid February. The 6th unit is anticipating an institutional renter and that arrangement is taking a little bit of time to secure.

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