Sold

3720 Winnebago Street, St Louis, MO 63116

Sqft
3,340

View property features, location on map, relevant school information and overview from seller's agent.

Listed byWorth Clark Realty
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Overview

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, 799 - plus a $60 utility billback (each). Plus 799 for the vacant unit, that's a gross annual income of 40,632. Less operating expenses of 12,124 (ask your agent for details in the supplements) = NOI of 28,508, a 10.18% 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, with the exception of 3722 1F (which are current). This is a turnkey operation, ready to be a solid addition to your portfolio! Inspection reports are available upon request, from your agent.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,340
Lot size (acres)
0.10
Year built
1927

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas
Cooling
Ceiling fan(s), Window unit(s)
Water
Public

Taxes

Tax Annual Amount (2024)
$1,334

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MARIS MLS MLS®#: 26008052 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.