$1,450,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.1955
Open Houses
-
year built
1917
Full Baths
0
Half Baths
0
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 See supplements for the extensive improvements made to the property since 2022; no outdated systems = low maintenance costs!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 | |
Subdivision | Horton Place Add |
County | St Louis City |
Elementary School | Hamilton Elem. Community Ed. |
Middle School | Yeatman-Liddell Middle School |
High School | Sumner High |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25023048
Listing agent:
Tammy Derrigan
#2016008170
Listing broker:
Worth Clark, Inc.
(800) 991-6092
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Saturday, April 19 2025 at 3:35 p.m. EDT
Kotohomes National
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