4042 Palm St, Saint Louis, MO, 63107
4042 Palm St, Saint Louis, MO, 63107 - Image 24042 Palm St, Saint Louis, MO, 63107 - Image 34042 Palm St, Saint Louis, MO, 63107 - Image 4

4042 Palm St, Saint Louis, MO, 63107

Studio · 3,744 sq.ft.

This is a group of 4 buildings with 12 units and two vacant lots. All are in close proximity to each other. Thee of the buildings were rehabbed about 25 years ago with all new plumbing, electric, windows, HVAC, drywall, and more. The fourth building was new construction at the time. It has 2-4 bedroom 2 1/2 bath townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado. But with the work that has been dome, you will have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management company must be approved by MHDC, which may be a two month process. There is another group of 7 buildings that is also available. The seller has agreed to establish a repair escrow to help pay for the repairs.

Information

Property typeMulti Family
Size3,744 sq.ft.
Plot size4,369 sqft
Year built1912
Price per sq.ft.USD 64
Last sold1993-12-06
CountySaint Louis City
ZIP code63107
LocationSaint Louis, United States

USD 240,000

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Where it's located

Saint Louis, United States

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