Multi-Family for Sale: 3940 Miami, St Louis, MO 63116 SOLD

3,128 sqft
3940 Miami, St Louis, MO 63116 SOLD
3,128 sqft
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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

Type Multi-Family
Square Footage 3,128 sqft
Lot Size 0.12 acres
Year Built 1924
Taxes Paid $2,950

City St Louis
Area South City
County St Louis City
Subdivision Tower Grove South

MLS 22034758
Status Closed
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)
Construction Brick
Cooling Electric
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
Water Public
Lot Dimensions 45 X 120 ft

Community and Schools

Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High

Price History of 3940 Miami, St Louis, MO

Date Name Price Difference
07/19/2022 Listing Price $357,625 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3940 Miami, St Louis, MO

Location Map Street View
Photo of Jeannie Caro
Jeannie Caro
Real Estate Agent
Direct: 618-789-3486
3537 S Kingshighway Blvd
Saint Louis, MO 63139
Listed by Garcia Properties, Jeannie Caro & Todd Shasserre
Sold by Circa Properties, Crystal Hauge
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Garcia Properties

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