NOT LISTED FOR SALE
8 Beds
-- Bath
10,479 Sq Ft
0.33 Acres

Last Sold June 29, 2021

1 Day on Market

Highlights

  • Brick or Stone Mason
  • Laundry Facilities
  • Community Storage Space
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Rare opportunity to purchase an updated 8-family building in the desirable St. Louis Hills area. This building is in incredible shape, featuring updated 1 bedroom 1 bath units. Units do not all share the same layout, but all have updated kitchens with hard top counters and newer appliances. 4 of the 8 have updated large bathrooms. The building has been very well maintained, with updated windows, and comprehensive updates to the systems feat. newer efficient furnaces, newer hot water heaters, updated water lines, updated electric, and updated plumbing. If you can think of it, it's probably already been addressed! Private parking lot in back. The property is currently fully rented, and the cash flow is strong - rents are $815/785/750(3)/740/735/700. Very easy to find great tenants and keep rented. New owner will take on a strong income producing building on day one, but there is still room to grow. Don't miss this opportunity to add a strong building to your portfolio.

Last Agent to Sell the Property

William Springer

Compass Realty Group License #2015031709 Listed on: 05/27/2021

Compass Realty Group

Co-Listed By

Rachel Boxdorfer

ReeceNichols Real Estate License #2002009420

Last Buyer's Agent

Peter Lu

EXP Realty, LLC License #2006036727

EXP Realty, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1951

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 115x145x79x149
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • 10,479 Sq Ft Home
  • Brick or Stone Mason

Schools

  • Buder Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 6354-00-0160-0

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Apartment

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Tennis
  • Municipality Township: St. Louis City
  • Age: 70
  • Ownership: Private
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Common Laundry
  • Square Footage: 10479

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: Buder Elem.
  • Junior High School: Long Middle Community Ed. Center
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 115x145x79x149
  • Lot Sq Ft: 14201
  • Location: City
  • Acres: 0.3260

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Building Info: Smoke/Alarm Detector, Sprinkler System, Storage/Locker Area
  • Building Number: 1
  • Gross Operating Income: 72300.00
  • Total Units: 8
  • Total Expenses: 16699.00

Tax Info

  • Taxes Paid: 6570
  • Assessor Parcel Number: 6354-00-0160-0

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold -- -- --
05/28/2021 05/28/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $899,900 -- $86 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21035474

MARIS MLS

APN: 635400-01600