3919 California Ave StSt. Louis, MO 63118
- Apartment buildings
Property Details for 3919 California Ave St
- Property type
- Apartment buildings
Description
This exceptional four-unit apartment building is situated in the vibrant Historic Dutchtown neighborhood of St. Louis, Missouri, at 3919 California Ave, zip code 63118. Priced at $250,000, this multifamily property presents a compelling investment opportunity. Each unit is a shotgun-style one-bedroom apartment with a kitchen located at the rear. The building boasts several recent upgrades, including central air conditioning, tankless water heaters, and updated tile shower surrounds in all bathrooms. A significant advantage is the presence of laundry facilities conveniently located in the basement. The roof is only seven years old, ensuring long-term structural integrity. Currently, three of the four units are leased on a month-to-month basis at a rental rate of $900 per month, generating immediate cash flow. The fourth unit is vacant, offering the potential for immediate rental income or the opportunity to renovate and increase rental rates. Its convenient location offers easy access to major highways and public transportation, enhancing its appeal to tenants. This property is an excellent addition to any investment portfolio.
Location Insight
- City
- St. Louis
- County
- St. Louis
- State
- Missouri
- Latitude
- 38.5843
- Longitude
- -90.2322
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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