St Louis, MO 63110 4344 McRee Avenue Avenue
$599,000
5 more
Presented By: Apartment Advisors of America LLC
Beds • 1
SQFT • 3,570
Home Details
4344 McRee Avenue is a fully rehabbed and stabilized 4-unit quadruplex investment opportunity in the rapidly appreciating Forest Park Southeast submarket. This institutional-quality asset offers an exceptional 8.35% cap rate with significant value-add opportunity through rental increases to market rates. Some highlights include: Complete renovation 2020-2021 with premium finishes. Property tax abatement through 2026 ($5,600+ annual savings). Current rents $177-$277 below market comparables. Walking distance to Washington University Medical Campus. Rear parking for 4 vehicles.
Presented By: Apartment Advisors of America LLC
Interior Features for 4344 McRee Avenue Avenue
Bedrooms
Total Bedrooms
Bathrooms
Half Baths
Other Interior Features
LivingAreaSourcePublic Records
Above Grade Finished Area3570
Above Grade Finished Area SourcePublic Records
BasementBlock
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringHardwood
Interior AmenitiesDining/Living Room Combo, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Natural Woodwork, Open Floorplan, Soaking Tub, Tub
Laundry FeaturesIn Basement
General for 4344 McRee Avenue Avenue
Architectural StyleLow/1-2
Attached Garage No
Carport Y/NNo
CitySt Louis
Construction MaterialsBrick
CoolingCentral Air
CountySt Louis City
DirectionsFrom Clayton, East on Hwy 40/64, south on Tower Grove, West on McRee Avenue.
DisclosuresUnknown
Electric220 Volts
Elementary SchoolAdams Elem.
Full Baths
Garage Y/NNo
Gross Income58680
HOANo
HeatingForced Air
High SchoolVashon High
High School DistrictSt. Louis City
Lot Size Square Feet4621.72
MLS Area3 - South City
Middle/Junior High SchoolElias Michael Elem.
Net Operating Income49995
New ConstructionNo
Number Of Units Total4
PossessionClose Of Escrow
Property Subtype2-4 Units
Property TypeResidential Income
RoofFlat
Senior Community Y/NNo
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameShaws Vandevnter Ave Add
Tax Annual Amount841
Tax Year2024
TownshipSt. Louis City
Year Built1924
Exterior for 4344 McRee Avenue Avenue
Foundation DetailsBlock
Lot FeaturesBack Yard
Lot Size Acres0.1061
Lot Size SourcePublic Records
Number of Buildings1
Parking FeaturesConcrete
Water SourceCommunity
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Adams Elem.
Middle School
Elias Michael Elem.
High School
Vashon High
Craig Ziegel
Realtor
