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4260-4262 Michigan Ave
Saint Louis, MO 63111

$365,000 USD

Apartments For Sale  •  7,248 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,248 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1928
  • Zoning B
30 Transit Score
70 Walk Score

Highlights

Fully-leased 6-unit asset featuring all 1 Bed/1 Bath units
New roofing in 2022 with 20-year warranty
Opportunity to acquire at a competitive basis with the potential to increase cash flow through operational efficiencies and targeted unit upgrades
Stable South St. Louis neighborhood with consistent rental demand and low turnover
Limited new apartment construction at comparable price points supports continued occupancy and rent stability
Convenient South City location near transit, highways, retail, and amenities

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Grand (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink)) 8 min - 4.1 mi
Civic Center (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink)) 9 min - 4.8 mi
AirportDriveWalkDistance
St Louis Lambert International 29 min - 19.5 mi
Scott AFB/Midamerica St Louis 46 min - 29.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Matt Bukhshtaber 314-655-6060 CBRE
Matt Bukhshtaber 314-655-6060 CBRE