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$410,000
Est. payment /mo
7,788 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,788 sqft
Price per Sqft $52
Subdivision St Louis Commons Add
MLS Listing ID MAR24059134
Construction Status 113
Year Built 1912
Building Age 113
Lot Size 6,591 Sqft
Acres 0.1513
Lot Dimensions irr
Property Sub-Type Multi-Family 5+
Property Description
9.6% Cap rate! Six efficiency units rent easily at market rates, have electric and gas furnished by landlord and perform excellently. Units have been updated in recent years, and are convenient to public transportation, downtown Dutchtown, close to two parks and
much more. Laundry hookups in basement, and lots of room for storage buildout. One unit held open for showings. Financing? We have a lender partner offering low 6% with 25 year amortization and 20% down. Seller is not interested nor will consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts.
much more. Laundry hookups in basement, and lots of room for storage buildout. One unit held open for showings. Financing? We have a lender partner offering low 6% with 25 year amortization and 20% down. Seller is not interested nor will consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts.
Location
State MO
County St Louis City
Area South City
Interior
Heating Baseboard, Forced Air
Cooling Window Unit(s)
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 113
Schools
Elementary Schools Meramec Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Special Listing Condition Renovated, None
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Listed by Lynne Hart • Real Broker LLC