$950,000
SOLD APR 28, 2021
Last list price
18 Beds
2 Baths
12,508 Sq Ft
0.27 Acres

Recently Sold

$76 Per Sq Ft

64 Days on Market

Highlights

  • 0.27 Acre Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Brick or Stone Mason
  • Community Storage Space

About This Home

As of April 2021

16 unit apartment complex for sale in Princeton Heights! Split between 2 buildings on 1 parcel with shared courtyard and dedicated off-street parking from the alley. Total of fourteen 1 bedroom, 1 bathroom units, and two 2 bed, 1 bath units. The property is professionally managed and currently at 75% occupancy. At full occupancy these buildings gross $108,240 annually. Most units have been updated with fresh paint, some new kitchen flooring, counter tops, cabinets and appliances. Amazing location with Aldi's a block away, a laundromat and Walgreens across the street, and Christi Park less than a 5 minute walk away.

Last Agent to Sell the Property

Joseph Hostman

RE/MAX Results License #2015004865 Listed on: 02/22/2021

RE/MAX Results

Last Buyer's Agent

Sam Hall

Dielmann Sotheby's International Realty License #2011006480

Dielmann Sotheby's International Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Home Design

  • 12,508 Sq Ft Home
  • Brick or Stone Mason

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • On-Street Parking
  • Parking Lot

Schools

  • Woerner 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 5294-00-0220-0

Community Details

Overview

  • 2 Buildings
  • 16 Units
  • Low-Rise Condominium

Amenities

  • Community Storage Space

Property Details

Home Type

Apartment

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Holly Hills Ave
  • Municipality Township: St. Louis City
  • Special Description: Renovated
  • Age: 57
  • Ownership: Private
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 12508

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking, Parking Lot

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: irregular
  • Lot Sq Ft: 11935
  • Location: City, Corner Location
  • Acres: 0.2740

Rental Info

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

Multi Family

  • Building Info: Smoke/Alarm Detector, Storage/Locker Area
  • Building Number: 2
  • Gross Operating Income: 80180.00
  • Total Units: 16
  • Total Expenses: 26525.00

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 7065
  • Assessor Parcel Number: 5294-00-0220-0

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
08/08/2023 08/08/23 For Rent $900 0.0% --
06/23/2023 06/23/23 Price Changed $900 -5.3% $1 / Sq Ft
06/22/2023 06/22/23 Price Changed $950 +5.6% $1 / Sq Ft
06/22/2023 06/22/23 Price Changed $900 -5.3% $1 / Sq Ft
06/21/2023 06/21/23 For Rent $950 0.0% --
06/14/2023 06/14/23 For Rent $950 0.0% --
04/26/2023 04/26/23 For Rent $950 0.0% --
04/28/2021 04/28/21 Sold -- -- --
02/22/2021 02/22/21 For Sale $950,000 +5.7% $76 / Sq Ft
07/31/2019 07/31/19 Sold -- -- --
07/01/2019 07/01/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $899,000 -- $72 / 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: MIS21005148

MARIS MLS

APN: 529400-02200