3936 E Cook Ave, St. Louis, MO 63113, USA
Triangle 1 Created with Sketch. For Sale Triangle 1 Created with Sketch. $335,000 - Apartment Building, Residential
3936 Cook Ave., 63113 15687 20 Bedrooms 20 Bathrooms 1928 Year Built

20 unit building built in 1928 is located about 1 mile from St. Louis University, the Fox Theater, Grand Center and there are a number of new developments nearby. Building is 15,687 sq ft and is operated as a weekly or monthly rental fully furnished with utilities provided. The income in 2017 was $163,730 with expenses of $110,936 with a net income of $52,794, a 15.7% cap rate. Building is priced under $20,000 per unit. There are individual furnaces in each unit. The furniture in the units are included in the sale. There is a lot directly to the west of the building that could also be purchased separately for a parking lot.

 

Paying buyers agents 2.70%

4050 Delmar Blvd., 63108 (a 17 unit building approx half a mile away) is also available to be purchased separate or as a package.

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