NOT LISTED FOR SALE
16 Beds
8 Baths
12,180 Sq Ft
9,409 Sq Ft Lot

Last Sold April 08, 2020

24 Days on Market

Highlights

  • 0.22 Acre Lot
  • Brick or Stone Mason
  • Laundry Facilities
  • Great Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Greg Freeman Park

About This Home

As of April 2020

Wow -- Extremely Rare opportunity to invest a huge multi-unit apartment building located right in the heart of the coveted Washington University Student Market -- perhaps the best rental market in all St. Louis

This massive three-story, 8-unit property boasts four proper 1-bedroom units on the 1st floor, and four huge 3-bedroom on the remaining floors -- great diversification! Hardwood floors throughout, many renovated high end kitchens and baths. Large wood deck in great shape off the back overlooking ample off street parking. West 3-bedrooms have 2nd Bathrooms in-unit, 2nd floor units have access to front balcony

New $30,000 roof replaced in 2018, central AC and Heat, most of the plumbing updated, this property is set to be an easy-to-rent, easy-to-maintain property for. Large updated laundry area with great storage lockers in basement. Huge front foyer.

Offered at a true 7.53% Cap Rate Return – this one of a kind investment is not to be missed!

Last Agent to Sell the Property

Evan Kuhn

Evan Kuhn, Broker License #2013006734 Listed on: 02/29/2020

Last Buyer's Agent

Evan Kuhn

Evan Kuhn, Broker License #2013006734 Listed on: 02/29/2020

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1911

Lot Details

  • 9,409 Sq Ft Lot
  • Lot Dimensions are 72 x 130

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 12,180 Sq Ft Home
  • Great Room

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • On-Street Parking
  • Parking Lot
  • Unassigned Parking

Schools

  • Hamilton Elem. Community Ed. Elementary School
  • Yeatman-Liddell Middle School
  • Sumner High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 5426-00-0250-0

Community Details

Overview

  • 8 Units
  • Mid-Rise Condominium

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex, Apt Bldg/Interior En
  • Municipality Township: St. Louis City
  • Age: 109
  • Ownership: Private
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Common Laundry
  • Square Footage: 12180

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking, Parking Lot, Unassigned

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 72 x 130
  • Lot Sq Ft: 9409
  • Location: City
  • Acres: 0.2160

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Building Info: No Units Furnished
  • Building Number: 1
  • Gross Operating Income: 145440.00
  • Total Units: 8
  • Total Expenses: 41814.00

Tax Info

  • Taxes Paid: 6978
  • Assessor Parcel Number: 5426-00-0250-0

Range of Values:

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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 Change Sq Ft Price
04/08/2020 04/08/20 Sold -- -- --
02/29/2020 02/29/20 For Sale $1,495,000 -- $123 / 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: MIS20013008

MARIS MLS

APN: 542600-02500