6008 Southwest Ave, St Louis, MO 63139
- $2,750,000
- List Price
- $2,750,000
- Days on Market
- 1
- 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
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Listing courtesy of Invest St. Louis.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
