NOT LISTED FOR SALE
18 Beds
12 Baths
15,050 Sq Ft
8,538 Sq Ft Lot

Last Sold April 08, 2022

6 Days on Market

Highlights

  • Great Room
  • Downtown Location
  • Heating Available
  • Laundry in Utility Room

About This Home

As of April 2022

15+ cap rate & super-affordable taxes! Over $300,000 in renovations already, 6 units & level lot in a great location - this is a no-brainer. 3 beds/2 baths in each unit, plus in-unit washer/dryer hookups, master bedroom suites, walk-in closets, 14-ft ceilings, bay windows & nearly 1,100 sqft per unit. The building is a short distance from WASHU, Delmar Loop, Forest Park & across the street from a community garden. Property is likely to rent anywhere from $1,200 - $1,400/mo per unit with the right finishing touches. Over $300k in improvements including, a new TPO roof (+50 year warranty), some new window & door installation (including bay windows), nearly completed new electrical, plumbing, & framing (including passed permit for framing). The current investor also cleaned out loads of trash from the full basement, added 6 parking spots to the rear of the building, installed a temporary power pole for ease of construction, & provided all the paid receipts & lien waivers.

Last Agent to Sell the Property

Adam Droege

EXP Realty, LLC License #2012036848 Listed on: 01/25/2022

EXP Realty, LLC

Co-Listed By

Marcus Hamilton

Magnolia Real Estate License #2021028886

Last Buyer's Agent

Trevor Tune

Midland Realty Associates License #2018041288

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1917

Lot Details

  • 8,538 Sq Ft Lot
  • Downtown Location

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 15,050 Sq Ft Home
  • Great Room
  • Laundry in Utility Room

Parking

  • 1 Parking Space Included
  • On-Street Parking
  • Parking Lot

Schools

  • Hamilton Elem. Community Ed. Elementary School
  • Langston Middle School
  • Sumner High School

Utilities

  • Heating Available
  • Electric Water Heater
  • Not Connected to Sewer

Community Details

  • 6 Units
  • Mid-Rise Condominium
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 3829-00-0440-0

Property Details

Home Type

Apartment

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Municipality Township: St. Louis City
  • Special Description: Rehabbed
  • Age: 105
  • Ownership: Private
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Prvt Laund all units
  • Square Footage: 15050

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1 Space/Unit, On Street Parking, Parking Lot

Utilities

  • Sewer: Not Connected
  • Water: Public
  • Water Heater: Electric

Schools

  • Elementary School: Hamilton Elem. Community Ed.
  • Junior High School: Langston Middle
  • School District: St. Louis City
  • Senior High School: Sumner High

Lot Info

  • Lot Dimensions: unknown
  • Lot Sq Ft: 8538
  • Location: Downtown
  • Acres: 0.1960

Rental Info

  • Tenancy Type: None

Multi Family

  • Building Info: No Units Furnished, Restriction-Occupanc
  • Building Number: 1
  • Total Units: 6

Tax Info

  • Taxes Paid: 627
  • Assessor Parcel Number: 3829-00-0440-0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 Prior Sale
04/08/2022 04/08/22 Sold -- -- --
02/01/2022 02/01/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $259,400 +275.9% $17 / Sq Ft
02/13/2020 02/13/20 Sold -- -- -- View Prior Sale
01/17/2020 01/17/20 Pending -- -- --
11/06/2019 11/06/19 Price Changed $69,000 -8.0% $11 / Sq Ft
10/15/2019 10/15/19 For Sale $75,000 -- $12 / 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: MIS22004455

MARIS MLS

APN: 382900-04400