$1,437,500
$1,495,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
6041 Waterman St Louis, MO 63112
12,180 SqFt
Key Details
Sold Price $1,437,500
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 12,180 sqft
Price per Sqft $118
Subdivision Wash Heights Add
MLS Listing ID 20013008
Sold Date 04/08/20
Construction Status 109
Year Built 1911
Building Age 109
Lot Size 9,409 Sqft
Acres 0.216
Lot Dimensions 72 x 130
Property Sub-Type Multi-Family 5+
Property Description
Wow -- Extremely Rare opportunity to invest a huge multi-unit apartment building located right in the heart of the coveted Washington University Student Market -- perhaps the best rental market in all St. Louis
This massive three-story, 8-unit property boasts four proper 1-bedroom units on the 1st floor, and four huge 3-bedroom on the remaining floors -- great diversification! Hardwood floors throughout, many renovated high end kitchens and baths. Large wood deck in great shape off the back overlooking ample off street parking. West 3-bedrooms have 2nd Bathrooms in-unit, 2nd floor units have access to front balcony
New $30,000 roof replaced in 2018, central AC and Heat, most of the plumbing updated, this property is set to be an easy-to-rent, easy-to-maintain property for. Large updated laundry area with great storage lockers in basement. Huge front foyer.
Offered at a true 7.53% Cap Rate Return – this one of a kind investment is not to be missed!
Location
State MO
County St Louis City
Area Central West
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Common Laundry
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 109
Schools
Elementary Schools Hamilton Elem. Community Ed.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Evan Kuhn