5915 McPherson AVE Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63112
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $286
Subdivision Washington Heights Add 01
MLS Listing ID 24018051
Year Built 1914
Building Age 110
Lot Size 5,053 Sqft
Property Description
"The Saxon": Rare opportunity to own a pristine turnkey triplex mere blocks from bustling Washington University. Fully leased through June 2025, rents keep skyrocketing year-over-year next to Wash U. All units renovated in 2021, this easy-to-manage property will be a cash flow machine for years to come.
This 3-story building boasts very large 3-bed 1-bath units with hardwood floors throughout, newly installed laundry IN-UNIT! High ceilings, tons of natural lighting, fantastic open layout combining kitchen & living room area -- people love it! Updated kitchens with stone countertops and stainless steel appliances. 3rd Flr has a balcony in front with fabulous views, whereas the other units have an additional sunroom.
Fenced-in backyard, off street parking in rear with updated parking pad, Silicone roof restoration 2021, HVACs replaced 2021 & 2023, updated electrical panels, substantial masonry & tuckpointing 2021
Offered at a true 7.0 Cap Rate, call today!
Location
State MO
County St Louis City
Area Central West
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Hamilton Elem. Community Ed.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Acceptable Financing Cash Only,Conventional,Exchange
Listing Terms Cash Only,Conventional,Exchange
Special Listing Condition No Exemptions,Rehabbed,None