Rock Island Realty

Historic

4944 Mardel Avenue

St Louis, MO 63109

MLS#: 26055572

$435,000

Status: Active
Listing number: 26055572
Listing provided by: Epique Realty
Listing agent phone: None
Last update: 26 days ago
On site: a month ago
Browse Properties
Northampton Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1927

Sq.Footage

3,400

Solid 4-Family Opportunity in the Heart of Northampton! Gorgeous well-kept large building with marble entry & stairs. Each of the four apartments offers a spacious, functional layout featuring a living room, a true dining room, kitchen with eat-in area, full bath, a large private bedroom PLUS a charming front balcony! Beautiful refinished hardwood floors add warmth and character, while thoughtful updates throughout the building include newer furnaces, updated plumbing stacks and upgraded electrical panels. An oversized detached brick two-car garage provides an additional income stream, currently rented for $200 per month. Whether you're looking to expand your investment portfolio or searching for the ideal owner-occupant opportunity, this well-maintained four-family delivers. Live in one unit while the rental income helps offset your mortgage, or enjoy immediate cash flow with three of four apartments currently leased to excellent tenants. Located in the heart of Northampton, you'll be within walking distance of neighborhood favorites including The Golden Hoosier, Piper's Tea & Coffee, Bud's Pizza, and the exciting growth and redevelopment happening along Kingshighway. Currently professionally managed, combining classic South City charm, strong rental performance, and a prime location, this turnkey property offers an outstanding opportunity for both investors and owner-occupants alike.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3400.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick, Stone

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1157

  • Lot Size(square feet)

    5,039

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Historic

Price

  • Sales Price

    $435,000

  • Tax Amount

    $4,365

  • Sq. Footage

    3,400

  • Price/SqFt

    $127

HOA

  • Association

    No

School District

  • Elementary School

    Buder Elem.

  • Middle School

    Long Middle Community Ed. Center

  • High School

    Roosevelt High

Property Features

  • New Construction

    NO

  • Ownership

    Private

  • Senior Community YN

    NO

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Buder Elem.

Middle School

Long Middle Community Ed. Center

High School

Roosevelt High

Listing Courtesy of Todd Murray, Epique Realty

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Agent Paul Dameron

Broker/Realtor/Sales

Paul Dameron

Call Paul today to schedule a private showing.

(573) 480-0850

paul@homeatthelake.com


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Solid 4-Family Opportunity in the Heart of Northampton! Gorgeous well-kept large building with marble entry & stairs. Each of the four apartments offers a spacious, functional layout featuring a living room, a true dining room, kitchen with eat-in area, full bath, a large private bedroom PLUS a charming front balcony! Beautiful refinished hardwood floors add warmth and character, while thoughtful updates throughout the building include newer furnaces, updated plumbing stacks and upgraded electrical panels. An oversized detached brick two-car garage provides an additional income stream, currently rented for $200 per month. Whether you're looking to expand your investment portfolio or searching for the ideal owner-occupant opportunity, this well-maintained four-family delivers. Live in one unit while the rental income helps offset your mortgage, or enjoy immediate cash flow with three of four apartments currently leased to excellent tenants. Located in the heart of Northampton, you'll be within walking distance of neighborhood favorites including The Golden Hoosier, Piper's Tea & Coffee, Bud's Pizza, and the exciting growth and redevelopment happening along Kingshighway. Currently professionally managed, combining classic South City charm, strong rental performance, and a prime location, this turnkey property offers an outstanding opportunity for both investors and owner-occupants alike.

4944 Mardel Avenue

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