| Nathan Beckner
Phone: 314-775-5051 Office: 314-222-0065 Website: http://nathanbeckner.circastl.com |
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4219 Neosho Street St Louis, MO 63116
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| Welcome to this 8-unit apartment building in charming Bevo. Built with brick and masonry, it delivers 7,695 sf of curb appeal and durability. Inside are six 2-bed and two 1-bed units, all with private bedrooms, updated baths, and lots of original craftsmanship. Most units have LVP flooring in living room and bedrooms; some 2F units have carpet. The building is all electric, and central air was added in 2022. Pex water lines, updated electric panels, mostly PVC stacks. TPO roof (pre-2018 ownership) with 1/3 recently re-covered by seller. Some off-street parking is available. Tenants enjoy close access to public transportation, restaurants, and shopping, and love having just one utility bill. Current rents + $750 pro forma for vacancy = $66,600 gross annual income less 2023 basic op. expenses of $17,627 = $48,973, a 8.5% cap at asking price. This property offers consistent cash flow as is, w/upside opportunity. Ask your agent for SD, rental property verification, & Rentometer report. |
Community and SchoolsElementary School: Oak Hill Elem. Junior High School: Long Middle Community Ed. Center Senior High School: Roosevelt High Lot & Building FeaturesAssoc Fee Paid: None Construction: Brick Cooling: Ceiling Fan(s), Electric Heat Source: Electric Heating: Forced Air Parking Description: Unassigned Sewer: Public Sewer Tax Year: 2023 Water: Public Lot Dimensions: 56' x 129' ft |
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