UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $90
Subdivision Grand Blvd Park Add
MLS Listing ID 26062900
Style Historic
Year Built 1927
Annual Tax Amount $1,834
Lot Size 3,118 Sqft
Acres 0.0716
Property Sub-Type 2-4 Units
Property Description
Recent improvements include a new sewer lateral inside the building, updated kitchens, new LVP flooring in the kitchens and bathrooms, and two new electrical panels. These updates take some of the big-ticket concerns off the table and make this duplex an attractive option for an investor looking for a property that is ready to put to work. For the investor, the existing tenant provides day-one rental income, while the vacant unit creates an opportunity to establish a new lease and increase overall gross income. For the owner occupant, live in one unit and let the other unit help offset your housing expenses—a classic South City house-hacking opportunity.The building offers the charm and character buyers expect from a South City duplex while incorporating practical updates that today's tenants and owners appreciate. With one unit already producing income and the other ready for its next occupant, 4028 S Spring is a duplex worth adding to your tour list!
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood, Luxury Vinyl
Fireplace Y
Appliance Electric Oven, Refrigerator
Laundry In Basement
Exterior
Parking Features true
Garage Spaces 2.0
Fence Chain Link
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Roof Type Flat
Private Pool false
Building
Lot Description Level
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Meramec Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, VA Loan
Special Listing Condition Standard