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Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 10,184 sqft
Price per Sqft $115
Subdivision Tyler Place
MLS Listing ID 24010501
Sold Date 05/10/24
Construction Status 110
Year Built 1914
Building Age 110
Lot Size 6,800 Sqft
Acres 0.1561
Lot Dimensions 55'x123'
Property Sub-Type Multi-Family 5+
Property Description
Retire Early With This Gorgeous 6-Family Apartment Building In Historical Shaw. Excellent 8.4% Cap Rate / $100,672 Annual Net Income After Fixed Expenses. Amazing Location Near Shaw's Garden, Tower Grove Park, BJC, Wash-U, SLU, Restaurants, And Much More. Remodeled 2 Bedroom 1 Bath Penthouse Style Apartments With 6 Rooms And 1200+/- Sq Ft Per Unit. Updated With Modern Finishes And Amenities, While Keeping The Original Craftsmanship And Charm. New High Efficiency Central HVAC In Each Unit. Remodeled Kitchens, Most With With Premium Stainless Steel Appliances, Full Size Refrigerators, Ovens, Dishwashers, And More! Large Rooms With High Ceilings. Most Bathrooms Are Fully Renovated W/Custom Tile Flooring, Restored Original Claw Foot Tubs With New Fixtures And Vanities. In-Unit Laundry In Some Of The Units. Coin Op Laundry In The Basement For Additional Income. Off-Street Parking Space For Each Unit. Current Rents Are Below Market Rate With Room To Grow. Occupied, Shown By Appointment Only.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric, Gas
Fireplace N
Laundry Common Laundry, Prvt Laund some unit
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 110
Schools
Elementary Schools Adams Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Exchange, Private, RRM/ARM
Listing Terms Cash Only, Conventional, Exchange, Private, RRM/ARM
Special Listing Condition Renovated, None
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Bought with Sara Blandino