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3720 Winnebago St
Saint Louis, MO 63116
Multifamily Property For Sale
·
4 Units


INVESTMENT HIGHLIGHTS
- Updated plumbing/electric/sewer, many new windows, stone counters,
- Basement with walk-out access
- Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
EXECUTIVE SUMMARY
This 4-family features four nicely renovated 1/1 units with a living room, bedroom (two private, two walkthrough), attractive kitchen and bath, sunroom, LVP flooring, white wood trim, and neutral paint. The 3722 side features new electric wiring throughout, plumbing, windows, plus renovated kitchens, baths, flooring, paint, and light fixtures. 3720 2F features some new windows, new flooring, plus renovated kitchen and bath. 3720 1F was updated by the previous owner '21-'22 and received new flooring in '24. Basement houses laundry hookups, updated sewer lateral, new water heaters and furnaces ('21-'23), circuit breaker electric panels (new on 3722 side), pex water lines, and PVC waste stacks. Heat is forced air, cooling is window AC (2 per unit). TPO roof was installed in '22. See supplements for the detailed list - even the original stained glass has been restored! Parking is on-street. Units rent for 749, 799, 695, and 799 - plus a $60 utility billback (each) for a gross annual income of 39,384. Less operating expenses of 12,124 (ask your agent for details in the supplements) = NOI of 27,260, a 9.24% cap rate at asking price. Use management? Add that in for your adjusted figures. Rentometer indicates rents could be even higher (see photos). Units are fully occupied and can be shown with an accepted offer, but basement and exterior can be viewed with an appointment. Photos are from before current tenants moved in. This is a turnkey operation, ready to be a solid addition to your portfolio! Inspection reports are available upon request, from your agent.
PROPERTY FACTS
| Price Per Unit | $70,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| No. Units | 4 | Building Size | 3,340 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Zoning | R - Residential | ||
| Price Per Unit | $70,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,340 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | R - Residential |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Basement
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $747.00 | - |
PROPERTY TAXES
| Parcel Number | 4181-00-0020-0 | Improvements Assessment | $15,310 |
| Land Assessment | $1,430 | Total Assessment | $16,740 |
PROPERTY TAXES
Parcel Number
4181-00-0020-0
Land Assessment
$1,430
Improvements Assessment
$15,310
Total Assessment
$16,740
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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