5931 Maple AVE Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63112
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,450 sqft
Price per Sqft $224
Subdivision Horton Place Add
MLS Listing ID MAR25023048
Year Built 1917
Building Age 108
Lot Size 8,516 Sqft
Property Sub-Type Multi-Family 5+
Property Description
This fully renovated building has 6 attractive units perfect for families and students, close to Delmar Loop, Wash U., highways, hospitals, major employers. Building has been updated with extensive exterior work and interior gut rehab - top to bottom. Each spacious unit features a living room, dining nook, kitchen w/stainless steel app., primary bedroom suite, one additional legal bedroom, and a bonus room w/o window used for extra sleeping area/office (has a cut-out that could be opened to make it a legal bedroom), two full baths, in-unit laundry, walk-in closets, 14-ft ceilings, bay windows. Security system for peace of mind. The unfinished, above-ground basement has space (w/windows) to add 2 more units, plus storage – two potential value add plays. See supplements for the extensive improvements made to the property since 2022; no outdated systems = low maintenance costs! Gross income is 119,100 (w $1725 for vacant unit) - 18,175 expenses = 100,925 NOI, a 6.96% cap at asking price.
Location
State MO
County St Louis City
Area Central West
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Electric
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Hamilton Elem. Community Ed.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Special Listing Condition None