Sold

Sold for $583,000 on Jun 25, 2010

Description

Great Investment property ! Positive cash flow for multi-family in heart of Arnold Great investment opportunity in hot Arnold location! 16 units total in 4 ranch-style brick buildings - low maintenance exterior, roofs are 12 years old. High demand area for tenants, low vacancy. All units have one BR, one bath, plus distinct living and dining room areas. All units include stoves, refrigerators and A/C units, and all but one have ceiling fans and blinds. Each unit has two parking spaces (unassigned), separate exterior entrance in front and a patio in the rear. Public water & sewer, all electric, A/C units are in-wall. 13 units have been updated in the past 2 years. Property is within minutes to all the popular Arnold shopping and eateries, and close to South County mall as well. Located in a residential area. Property previously known as Tenbrook Terrace.

Features

• Property Type: Residential
• County/Area:
• Zip Code: 63010
• Year Built: 1970
• Sq.Ft.: 532 sq ft
• Bedrooms: 1
• Lot Size: .80 acres
• Construction : all brick
• Flooring: Carpet & vinyl
• Garage: 2 parking spaces each
• Heating/Cooling: baseboard/wall unit
• Levels: 1
• List Date: 12-5-09
• Patio: Yes
• Style : ranch
• Type: Multi Family