NOT LISTED FOR SALE

721 Limit Ave Saint Louis, MO 63130

12 Beds
12 Baths
11,616 Sq Ft
0.26 Acres

Last Sold January 28, 2022

Highlights

  • Bonus Room
  • Breakfast Area or Nook
  • Brick or Stone Mason
  • Great Room
  • Formal Dining Room
  • Laundry in Utility Room

About This Home

As of January 2022

A solid investment property located in the 100% developed community just off the Delmar Loop. Located 4 buildings north of The Lofts of Washington University gives this updated property the perfect position for continuing increased revenue flow. The Wash U run Delmar Loop Shuttle stop is at the corner with the convenience and safety of being in the shadow of Wash U student housing. The building itself, containing 6 large apartments, is completely updated with sun filled units, ample off-street parking, and a properly fenced in back yard. The hardwood floors are immaculate, and each unit has its own all electric HVAC, water heaters, washers and dryers. Tenants pay all utilities including water, sewer, and trash. As Wash U continues to invest in the neighborhood and raising their rents this property is well positioned to significantly appreciate in value. Gross Revenue numbers include all units rented plus pet fee for unit 1N. Currently unit 2S is vacant for showings.

Last Agent to Sell the Property

Paul Weiss

Rothschild Management, LLC License #2010016088 Listed on: 12/16/2021

Last Buyer's Agent

Kathy Bresnahan

Keller Williams Realty St. Louis License #2005028487

Keller Williams Realty St. Louis

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x140

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 11,616 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Parking

  • Parking Lot
  • Unassigned Parking

Schools

  • Barbara Jordan Elem. Elementary School
  • Brittany Woods Middle School
  • University City Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable tv/satellite, electric, sewer, trash removal, water
  • Assessor Parcel Number 18H-42-1211

Community Details

Overview

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

Amenities

  • Community Storage Space

Property Details

Home Type

Apartment

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Interior En
  • Cross Street: Enright
  • Municipality Township: University City
  • Age: 97
  • Ownership: Private
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Lndry Connect all Un
  • Square Footage: 11616

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1 Space/Unit, Parking Lot, Unassigned

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Ceiling Fan, Central-Electric
  • Heating: Forced Air

Schools

  • School District: University City
  • Elementary School: Barbara Jordan Elem.
  • Middle School: Brittany Woods
  • High School: University City Sr. High
  • Elementary School: Barbara Jordan Elem.
  • Junior High School: Brittany Woods
  • School District: University City
  • Senior High School: University City Sr. High

Lot Info

  • Lot Dimensions: 80X140
  • Lot Sq Ft: 11326
  • Acres: 0.2600

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities, Cable TV/Satellite, Electric, Sewer, Trash Removal, Water

Multi Family

  • Building Info: Restriction-Occupanc, Smoke/Alarm Detector, Storage/Locker Area
  • Building Number: 1
  • Gross Operating Income: 101700.00
  • Total Units: 6
  • Total Expenses: 23734.00

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 10225
  • Assessor Parcel Number: 18H-42-1211

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
01/28/2022 01/28/22 Sold -- -- --
12/17/2021 12/17/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $1,200,000 -- $103 / 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: MIS21085488

MARIS MLS

APN: 18H-4-2-121-1