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Archived about 1 year ago

$299,900

8+ bd 4+ ba 4120 sqft

4400 Minnesota, Saint Louis, MO 63111

Residential Quadplex Occupied

Current Rent **

$2,525

Projected Rent **

$3,600

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1030 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $875
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1030 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent: $850
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1030 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 4 Details
  • Current Rent: $800
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1030 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Fourplex with 2 bedroom Units 3 car Garage and 12% Cap Rate

Cap Rate 12.2% - one of the best on the market! HUGE Turnkey Four Family with 2 Bedroom Units, on a large corner lot, open kitchens and a 3 car garage (you'd need to add doors and motors)! Owner Occupy /House Hack while tenants pay your mortgage! (Hurry, the open unit is on the market to rent at $950). 3 units updated in 2020 have kitchens and baths with stainless steel appliances, shaker cabinets, and kitchens open to the living space. Baths are unique to each unit with one (the open one) having a super deep tub! Each has its own enclosed sunporch (outdoor space). Roof new in 2020 with 15 year warranty. 2022 Entire sewer line inside and out replaced. HVAC has 2 forced air furnaces, one A/C unit, (4400 Side) 2 units on radiator heat and window units (4402 Side). Separate basements with washer/Dryer hook ups for each tenant. Garage roof new 2021.

Link to listing and financials here: https://saintlouisrealestate.chime.me/d8qw1g5d

Location:

4400 Minnesota, Saint Louis, MO 63111

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.