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(636) 260-2853
Coldwell Banker
6008 Southwest Ave, St Louis, MO 63139
- $2,750,000
- List Price
- $2,750,000
- Days on Market
- 79
- MLS#
- 26048673
- Status
- ACTIVE
- Year Built
- 1927
- Subdivision
- n/a
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Fully renovated 13-unit multifamily property in St. Louis' 63139 corridor, a few blocks from The Hill and near Forest Park, the Barnes hospital complex, local dining, with easy access to highway 40 and 44. The unit mix includes eleven 1 bed/1 bath apartments, one 2 bed/2 bath apartment, and one 2 bed/2.5 bath apartment. The property underwent an extensive gut renovation, including conversion of three former commercial spaces into residential units. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; renovated kitchens and bathrooms; refinished common areas and basements; new appliances and fixtures; redesigned layouts; and AT&T Fiber infrastructure to each residential unit. Stabilized cash flow with current annual income of $207,058, expenses of $39,980, and NOI of $167,078. Three off-street parking spaces. Can be purchased with 6201 Arsenal St, another fully renovated 13-unit building nearby.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Mason Elem.
- Jr. High School
- Henry Elem.
- Sr. High School
- Roosevelt High
- Parking Description
- Off Street
- Cooling
- Central Air
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional
Listing courtesy of Jordan Schoen. Invest St. Louis
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