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$895,000
Est. payment /mo
14,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $63
Subdivision Tacoma Add
MLS Listing ID 26023306
Style Apartment Style
Year Built 1930
Annual Tax Amount $6,581
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type 5 Family or More
Property Description
Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace N
Exterior
View Y/N No
Building
Structure Type Brick
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by Matt Millslagle • Salient Realty Group, LLC
Nearby School & Business
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