UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 9,402 sqft
Price per Sqft $143
Subdivision Euclid Place Amd Sub
MLS Listing ID 26066224
Style Other
Year Built 1897
Annual Tax Amount $11,670
Lot Size 7,749 Sqft
Acres 0.1779
Property Sub-Type 5 Family or More
Property Description
The property not only offers strong in place financial performance but also allows for significant appreciation through raising rents to market. This is truly an amazing opportunity in the City's premier Central West End neighborhood, with significant upside.
Another strategy is to convert the units to condos for resale. The immediate area has multiple sale comparables that average $285,000
for a 2 bed, 2 bath unit. This provides a very lucrative exit strategy.
Location
State MO
County St Louis City
Area 4 - Central West
Rooms
Basement 8 ft + Pour
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
View Y/N No
Building
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Hickey Elem.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby School & Business
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