NOT LISTED FOR SALE
14 Beds
2 Baths
11,188 Sq Ft
7,013 Sq Ft Lot Lot

Sale Details

Date Sold: December 23, 2021

Highlights

  • 0.16 Acre Lot
  • Brick or Stone Mason
  • Forced Air Heating System
  • Corner Lot
  • Building Terrace
  • Community Storage Space

About This Home

As of December 2021

Amazing location & historically significant building w/ extra lot (7707 Virginia) included. Cash flow from day one w/ this 12 unit building in the hot "Patch" neighborhood at over a 10% Cap rate. This 2-story brick building once housed a local bakery & confectionery before being converted to residential use. There are (10) 1-bedrm units & (2) 2-bedrm units, dry basement w/ storage lockers & a huge shed currently used for storage & work shop but could easily be converted to more tenant storage or on-site laundry. All units have circuit breakers & forced air gas heat - all individually metered. Renewable silicone roof is less than 5 yrs old & shed roof is less than 2 years old, both with 10 year warranties @ install. Updates include tuck pointing, roof, (6) water heaters & interior updates. In the last 10 years - wood decks & vinyl windows. Owners have spent the last 5 years improving the property & placing solid tenants. This property is truly turn key!

Last Agent to Sell the Property

Micah Vaninger

St. Louis Home Brokers License #2014017090 Listed on: 10/25/2021

Last Buyer's Agent

Default Zmember

Zdefault Office

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1893 | Remodeled

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • 11,188 Sq Ft Home
  • Brick or Stone Mason

Schools

  • Woerner Elem. Elementary School
  • Lyon-Blow Middle School
  • Roosevelt High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 3111-00-0010-0

Community Details

Overview

  • 12 Units
  • Low-Rise Community

Amenities

  • Building Terrace
  • Community Storage Space

Property Details

Home Type

Apartment

Year Built

Built in 1893 | Remodeled

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Schirmer
  • Municipality Township: St. Louis City
  • Special Description: Renovated
  • Age: 128
  • Ownership: Private
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 11188

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Individual Furnaces

Schools

  • Elementary School: Woerner Elem.
  • Junior High School: Lyon-Blow Middle
  • School District: St. Louis City
  • Senior High School: Roosevelt High

Lot Info

  • Lot Dimensions: 75x140
  • Lot Number: 24, 25
  • Lot Sq Ft: 7013
  • Location: City, Corner Location
  • Acres: 0.1610

Rental Info

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

Multi Family

  • Building Info: No Units Furnished, Smoke/Alarm Detector, Storage/Locker Area
  • Building Number: 1
  • Bulding Exterior: Some Balc/Some Terrc
  • Gross Operating Income: 82560.00
  • Total Units: 12
  • Total Expenses: 28739.00

Tax Info

  • Taxes Paid: 4625
  • Assessor Parcel Number: 3111-00-0010-0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold -- -- --
10/26/2021 10/26/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $535,000 +78.4% $48 / Sq Ft
08/08/2016 08/08/16 Sold -- -- -- View Prior Sale
07/11/2016 07/11/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $299,900 -- $27 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,494 $67,110 $2,340 $64,770
2025 $4,884 $67,110 $2,340 $64,770
2024 $4,644 $58,350 $2,340 $56,010
2023 $4,644 $58,350 $2,340 $56,010
2022 $4,403 $53,260 $2,340 $50,920
2021 $4,396 $53,260 $2,340 $50,920
2020 $4,362 $53,260 $2,340 $50,920
2019 $4,347 $53,260 $2,340 $50,920
2018 $4,484 $53,260 $2,340 $50,920
2017 $4,408 $53,260 $2,340 $50,920
2016 $3,185 $38,000 $2,340 $35,660
2015 $2,884 $38,000 $2,340 $35,660
2014 $2,882 $38,000 $2,340 $35,660
2013 -- $38,000 $2,340 $35,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21076100

MARIS MLS

APN: 311100-00100

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