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Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 9,780 sqft
Price per Sqft $96
Subdivision St Louis Hills Add 04
MLS Listing ID MAR23014114
Sold Date 08/01/23
Construction Status 69
Year Built 1954
Building Age 69
Lot Size 9,300 Sqft
Acres 0.2135
Lot Dimensions 45x130
Property Sub-Type Multi-Family 5+
Property Description
New Price!! Excellent investment opportunity in highly desirable St. Louis Hills. Pristine and well-maintained 6 family brick building is located just steps from Willmore Park, public transportation and walking distance to amenities including dining, shops and cafes. This is a perfect central location with Frances Park, Ted Drewes, Hampton Village with Schnucks and Target nearby. Beautiful open two story front entry way and spiral steps with terrazzo. Unique building with 2 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units. All units have dishwashers, refrigerators, and stove and hardwood floors and newer thermal replacement windows. Some units have new furnaces and a/c units. 4 units have private washer and dryer in the basement. 4 units have been renovated. There is a three car brick carport that is assigned to three tenants. Ample off street parking,
See attached Financials. Cap Rate 6.41%. at current rents and 7.98% at market rents. 5 of 6 units month to month.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric
Fireplace N
Laundry Prvt Laund all units
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 69
Schools
Elementary Schools Buder Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Special Listing Condition None
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Bought with Lizzy Dooley