Seller's Agent in 2019
Jordan Schoen
Invest St. Louis
(314) 255-5117
12 in this area
108 Total Sales
4050 Delmar Blvd Saint Louis, MO 63108
Central West End Neighborhood
--
Bed
17
Baths
5,488
Sq Ft
4,095
Sq Ft Lot
Highlights
- Brick or Stone Mason
- Forced Air Heating System
- Hot Water Heating System
About This Home
As of January 2019This 17 unit building built in 1925 is located in the Central West End four blocks from St. Louis University with new construction homes being built on the block. The building has been operated as a weekly or monthly rental that comes fully furnished with utilities provided by the owner. 2017 income was $126,274 with annual expenses $66,535 for a net income of $59,739 a year with a cap rate of 17.8%. Priced under $20,000 per unit. The occupancy rate is usually around around 95%. The building has a boiler that was replaced in 2017, a new roof was also installed in 2017. There is individual electric for all of the units. There is a 3 car attached garage with storage area in the rear of the building. This building could be operated as it is currently or is or could be converted to long term or student housing. The furniture in the units is included in the sale and there are two vacant lots to the west of the building that could also be purchased separately and made into a parking lot.
Last Agent to Sell the Property
Invest St. Louis License #2009024331 Listed on: 12/07/2018
Property Details
Home Type
- Apartment
Year Built
- 1924
Lot Details
- 4,095 Sq Ft Lot
- Lot Dimensions are 143x29
Parking
- On-Street Parking
Home Design
- 5,488 Sq Ft Home
- Brick or Stone Mason
Location
- City Lot
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Mid-Rise Condominium
Listing and Financial Details
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2019 01/25/19 | Sold | -- | -- | -- |
| 12/07/2018 12/07/18 | For Sale | $335,000 | -- | $61 / Sq Ft |
Source: MARIS MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Joshua Harger
Realty Executives
(314) 960-0003
1 in this area
38 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS18093737
APN: 375200-00600
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