A
Seller's Agent in 2019
Austin Andrews
Corporate Group, Inc.
(314) 354-9900
631 N 5th St Saint Charles, MO 63301
Old Town Saint Charles Neighborhood
3
Beds
6
Baths
7,882
Sq Ft
7,275
Sq Ft Lot
Highlights
- Accessible Parking
- Forced Air Heating System
- Ceiling Fan
About This Home
As of February 2019Location, location, location!!! Very rare opportunity to acquire a multi-family historic building in a popular historic St. Charles downtown area. Recently renovated and 100% occupied 9-unit apartment building - 3 one bedrooms and 6 large studio apartments with 10' ceilings. Rents below market, well positioned to increase rents substantially by making cosmetic changes. A great value-add opportunity, all 9 leases have been renewed till spring 2019, listed at an attractive 8.3% cap rate. Conveniently located on a popular 5th street, very smooth running and low maintenance. New architectural shingles, new gutters, new hallway flooring, interior hallway paint. Enjoy Main Street, Frenchtown, and all the activities of city living. Within minutes of Main Street, Lindenwood University, Ameristar Casino, Shopping centers, Restaurants, Bars. Parks, and St. Johns Hospital. Walking distance to River Front, Main Street, and Frontier Park. Owner is a licensed real estate professional.
Last Listed By
Austin Andrews
Corporate Group, Inc. License #2018031708 Listed on: 12/18/2018
Property Details
Home Type
- Apartment
Year Built
- Built in 1860
Lot Details
- 7,275
Interior Spaces
- 7,882 Sq Ft Home
- Ceiling Fan
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Electric Water Heater
Additional Features
- Accessible Parking
- 7,275 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electric, gas
- Assessor Parcel Number 6-009A-B153-00-0001.0000000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2019 02/27/19 | Sold | -- | -- | -- |
| 12/18/2018 12/18/18 | Pending | -- | -- | -- |
| 12/18/2018 12/18/18 | For Sale | $560,000 | -- | $71 / Sq Ft |
Source: MARIS MLS
Tax History Compared to Growth
Agents Affiliated with this Home
Map
Source: MARIS MLS
MLS Number: MIS18095277
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