Rock Island Realty

Apartment Style

4770 Kings Drive

St Louis, MO 63116

MLS#: 26054926

$1,700,000

Status: Active
Listing number: 26054926
Listing provided by: Keller Williams Realty St. Louis
Listing agent phone: None
Last update: 30 days ago
On site: a month ago
Browse Properties
Kingshighway Terrace Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1966

Sq.Footage

12,614

Welcome to Chadwell Arms! This brick, two-story, 20-unit building in the heart of St. Louis City's Princeton Heights neighborhood, is currently 95% occupied with strong, stable cash flow bringing in roughly $169,000 a year in gross rental income. Many units have been recently renovated with new flooring, updated kitchens featuring new countertops and cabinetry, and modernized bathrooms, and the basement laundry room has been updated as well, offering tenants convenient on-site coin laundry and you another income generating opportunity. Parking is a breeze with a private rear lot offering 15 spaces in addition to street parking. Tucked into a quiet, tree-lined pocket near where Kingshighway meets Gravois, the building has a genuine neighborhood feel with easy access to local shops, schools, grocery stores, and gas stations, plus neighborhood dining favorites like Onesto's Pizzeria, Pizzeria Tivoli, and Cafe Nova just minutes away. Outdoor space is close by too, with Joseph R. Leisure Park and Christy Park just a few blocks away and Wilmore Park a short drive down Gravois. Commuters will appreciate quick access to both I-55 and I-44, putting all of Downtown St. Louis within easy reach. A move-in-ready, turnkey investment offering both immediate cash flow and long-term stability.

Features & Amenities

Interior

  • Other Interior Features

    Laminate Counters, Storage

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Concrete

  • Other Exterior Features

    Balcony

  • Parking

    Additional Parking, Asphalt, Common, Off Site, Open, Parking Lot, Paved

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot, Level

  • Lot Size(acres)

    0.314

  • Lot Size(square feet)

    13,677

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Apartment Style

Price

  • Sales Price

    $1,700,000

  • Tax Amount

    $9,998

  • Sq. Footage

    12,614

  • Price/SqFt

    $134

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

  • Foundation Details

    Concrete Perimeter

  • 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 David Nations, Keller Williams Realty St. Louis

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Agent Greg Tolbert

Agent / Realtor®

Greg Tolbert

Call Greg today to schedule a private showing.

(573) 280-1219

greg@homeatthelake.com


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Welcome to Chadwell Arms! This brick, two-story, 20-unit building in the heart of St. Louis City's Princeton Heights neighborhood, is currently 95% occupied with strong, stable cash flow bringing in roughly $169,000 a year in gross rental income. Many units have been recently renovated with new flooring, updated kitchens featuring new countertops and cabinetry, and modernized bathrooms, and the basement laundry room has been updated as well, offering tenants convenient on-site coin laundry and you another income generating opportunity. Parking is a breeze with a private rear lot offering 15 spaces in addition to street parking. Tucked into a quiet, tree-lined pocket near where Kingshighway meets Gravois, the building has a genuine neighborhood feel with easy access to local shops, schools, grocery stores, and gas stations, plus neighborhood dining favorites like Onesto's Pizzeria, Pizzeria Tivoli, and Cafe Nova just minutes away. Outdoor space is close by too, with Joseph R. Leisure Park and Christy Park just a few blocks away and Wilmore Park a short drive down Gravois. Commuters will appreciate quick access to both I-55 and I-44, putting all of Downtown St. Louis within easy reach. A move-in-ready, turnkey investment offering both immediate cash flow and long-term stability.

4770 Kings Drive

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