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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,496 sqft
Price per Sqft $96
Subdivision University Hills 2
MLS Listing ID 24063648
Sold Date 11/20/24
Construction Status 94
Year Built 1930
Building Age 94
Lot Size 0.292 Acres
Acres 0.2924
Lot Dimensions 66*194
Property Description
Five unit building that includes three apartments and two office/retail units on the ground floor. Property includes 10 off-street parking spaces and laundry/storage in basement. Suite 7386 (commercial) and 7384A (apartment) are currently vacant. Great investment opportunity or owner/user opportunity.
• The property is located in University City, between the Delmar Loop and Clayton, one of the highest growth submarkets in the St. Louis MSA
• Long-term ownership providing opportunity for value-add through building and unit
upgrades to increase revenue
• Phenomenal area demographics: Avg HH Income: $196,117; Avg. Home Value: $681,325 (1 mile)
• High-barrier to entry submarket
• Premier location with great thoroughfare and surrounding amenities
Location
State MO
County St Louis
Area Central West
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Common Laundry
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 94
Schools
Elementary Schools Flynn Park Elem.
Middle Schools Brittany Woods
High Schools University City Sr. High
School District University City
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Vadim Radovilsky