$238,000
$270,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
5706 Thekla AVE St Louis, MO 63120
7,992 SqFt
Key Details
Sold Price $238,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,992 sqft
Price per Sqft $29
Subdivision Walnut Park Add
MLS Listing ID 22014108
Sold Date 07/11/22
Construction Status 58
Year Built 1964
Building Age 58
Lot Size 6,926 Sqft
Acres 0.159
Lot Dimensions 50x138
Property Sub-Type Multi-Family 5+
Property Description
Good cash flowing 8 unit building. Average rents are $500/mth. There is an identical building next door where rents were advertised at $600/mth. Seller has done several repairs/updates including, but not limited to a new roof, new doors, some updated plumbing and electric, some water heaters, painting, flooring, windows, and more. We should be around a 10% CAP rate at current rents. It'll be higher when you raise them. Building is in decent shape, but could use some touchups here and there.
Only showing one vacant unit now. You can see the rest with an accepted/contingent offer. DO NOT DISTUB THE TENANTS.
Be sure to check out our VIDEO walk through.
Location
State MO
County St Louis City
Area North
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Building
Sewer Public Sewer
Water Public
Construction Status 58
Schools
Elementary Schools Walbridge Elem. Community Ed.
Middle Schools Yeatman-Liddell Middle School
High Schools Vashon High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Private
Listing Terms Cash Only, Conventional, Private
Special Listing Condition None
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Bought with Deveon Hicks