$480,000
$500,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
5120 Goethe AVE St Louis, MO 63109
3,740 SqFt
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,740 sqft
Price per Sqft $128
Subdivision Kingshighway Park Add
MLS Listing ID 21002649
Sold Date 03/11/21
Construction Status 96
Year Built 1925
Building Age 96
Lot Size 4,487 Sqft
Acres 0.103
Lot Dimensions 40 x 120
Property Sub-Type Multi-Family 2-4
Property Description
This Princeton Heights four-family has been renovated throughout and meticulously maintained. These apartments which are approximately 935 square feet feature renovated kitchens including updated cabinets, stainless steel appliances, breakfast bar. Bathrooms were renovated with new flooring, tiled shower surround with rain shower heads and updated vanities. Building has a detached garage and back porches for all units, hardwood floors, French doors, central air with updated furnaces and condensers, pvc stacks, updated electric panels. Building is fully rented for $3,735 a month which is $44,820 annually if fully rented. Annual expenses are $7,844. If fully rented the net annual income would be $36,976 which is a 7.3% cap rate. There was only 1 month of total vacancy for the building in 2020. Can be purchased along with 4947 Arsenal, 4960 and 4940 Odell, 6200 Hoffman.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Construction Status 96
Schools
Elementary Schools Buder Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, Private, VA, Other
Listing Terms Cash Only, Conventional, FHA, Private, VA, Other
Special Listing Condition Renovated, None
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Bought with Mary Krummenacher