4944 Mardel Avenue

About this home

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.

Property details

County

St Louis City

Subdivision

Northampton Add

Lot size

0.1157 acres

Garage spaces

2

Days on market

12

Annual taxes

$4,365

Heating

Forced Air, Natural Gas

Cooling

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

Basement

Unfinished, Walk-Up Access

Style

Historic

Schools

School district

St. Louis City

Elementary

Buder Elem.

Middle

Long Middle Community Ed. Center

High

Roosevelt High

Location