Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.2781

  • Lot Size(square feet)

    12,114

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Apartment Style

Price

  • Sales Price

    $750,000

  • Tax Amount

    $6,395

  • Sq. Footage

    10,584

  • Price/SqFt

    $70

HOA

  • Association

    No

School District

  • Elementary School

    Woodward Elem.

  • Middle School

    Lyon-Blow Middle

  • High School

    Roosevelt High

Property Features

  • New Construction

    NO

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Location

County

St Louis City

Elementary School

Woodward Elem.

Middle School

Lyon-Blow Middle

High School

Roosevelt High

Listing Courtesy of Matt Bukhshtaber , CBRE

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Erica Holtschneider

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Presenting 3656–3660 Bates Street, a fully leased 8-unit brick apartment building located in South St. Louis. Situated along a residential corridor, the property offers investors a stabilized asset in an established neighborhood with strong rental demand and low tenant turnover. The property consists of eight two-bedroom, one-bathroom units, all of which have been updated in recent years. Units feature efficient layouts, hardwood flooring, ample natural light, and both front and rear private entrances. The building is secured by an electronic entry system and offers off-street parking, new concrete patio and walkways, and newly constructed decks and stairways. Significant capital improvements include a new roof (2021), new foundation (2022), tuckpointing, four new HVAC systems, and four new hot water heaters, positioning the property for minimal near-term capital needs. Conveniently located near public transportation, major highways, shopping, dining, Carondelet Park, and the YMCA.

3656 Bates Street

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Investment highlights
Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood.
Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer.
The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy.
Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres).
Each 1-bedroom, 1-bathroom unit boasts 750 square feet of modern living space.
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