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$ 875,000
Est. payment /mo
Active
5000 Virginia AVE St Louis, MO 63111
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision St Louis Commons Add
MLS Listing ID 25045750
Style Apartment Style
Year Built 1930
Annual Tax Amount $5,708
Acres 0.1819
Property Description
Investor special in Dutchtown! 16-unit multifamily with 13 units occupied and current gross rents of $8,350/month through September. Two more tenants moving in in October for a total of 15 occupied units. NOI (before taxes)- $82k. Mix of studio and 1-bed units, professionally managed with stable tenant base and upside potential through lease-ups. Corner lot location near public transit and neighborhood amenities. Solid cash flow with room to grow!
Location
State MO
County St Louis City
Area 3 - South City
Interior
Cooling Wall/Window Unit(s)
Fireplace N
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Dan Lawless • Wood Brothers Realty