5437 Page BLVD Active

St Louis,MO 63112

$ 1400000

- Bed

0 Bath

15924 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 15,924 sqft

Price per Sqft $87

Subdivision Hamilton Heights

MLS Listing ID 24035821

Year Built 1908

Building Age 116

Lot Size 0.468 Acres

Property Description

5437-5445 Page Blvd Apartments are four 3-story Brick Apartment Buildings. Each building boasts a 1,000 SF 3-bedroom Apartment on every floor. The property has undergone a recent 100% renovation, elevating it to a modern standard. These contemporary apartments feature spacious bedrooms with high ceilings (8 Ft +), ceiling lights, 6-panel doors, laminate flooring drywall, insulated windows with mini blinds, and sleek kitchens adorned with subway tile, electric range, hood, and refrigerator. The apartments are all electric and have a 200-amp service with a Homeline load center for all outlets, lights, and kitchen appliances inside each apartment. All HVACs and plumbing are also newer. Steel Stairs lead from the kitchens to the rear parking lot. Tenants pay Electric.
Financials
Monthly rents range from $850 to $1200, providing a solid foundation for a promising Proforma Net Operating Income of $116,520 with all units occupied.

Location

State MO

County St Louis City

Area Central West

Interior

Heating Forced Air

Cooling Electric

Laundry No Laundry Facil.

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Laclede Elem.

Middle Schools Laclede Elem.

High Schools Sumner High

School District St. Louis City

Others

Acceptable Financing Cash Only

Listing Terms Cash Only

Special Listing Condition None

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