5931 Maple Avenue

    St Louis, MO 63112
    • $85,000
    • STATUS: Active
    • ON SITE: 395 days
    • ID#: 18039951
    UPDATED: 73 min ago
    $85,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,050
      SQFT
    • $6
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    Opportunity to rehab "The Martanna" an architecturally unique 6 family in the rapidly developing West End neighborhood. Located a few blocks from the Washington University North Campus, U City Loop, new Loop Trolley. Built in 1917 building is six 1,100 sq ft units, it is possible to add two additional units in the lower level as the 1st floor apartments are raised above ground and there are windows in the lower level. Plenty of space in the backyard to add off street parking. Building is vacant. Potential for 10 year tax abatement through the city after rehab. A similar sized 6 family in the neighborhood recently appraised for $500,000 after full renovation. Rent Comps after rehab- 5572 Clemens 63112- 3 bed updated units rent for $895, 5858 Cates 63112- 3 bed updated units rented for $1,150, 1019 Skinker rents from $950-$1,400. The building is in need of a full and complete renovation, being sold as-is.

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-06-18T11:49:29.037.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
    www.holdenrealtygroup.com/homes/83750096

    5931 Maple Avenue St Louis, MO 63112

    • Price: $85,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: 18039951
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    15,050
    SQFT
    $6
    $/SQFT
    1917
    Built
    Neighborhood:
    Horton Place Add
    County:
    St Louis City
    Area:
    Central West
    Elementary School:
    Columbia Elem. Comm. Ed. Center
    Middle School:
    Henry Elem.
    High School:
    Beaumont Cte High School
    School District:
    St. Louis City
    Property Description
    Opportunity to rehab "The Martanna" an architecturally unique 6 family in the rapidly developing West End neighborhood. Located a few blocks from the Washington University North Campus, U City Loop, new Loop Trolley. Built in 1917 building is six 1,100 sq ft units, it is possible to add two additional units in the lower level as the 1st floor apartments are raised above ground and there are windows in the lower level. Plenty of space in the backyard to add off street parking. Building is vacant. Potential for 10 year tax abatement through the city after rehab. A similar sized 6 family in the neighborhood recently appraised for $500,000 after full renovation. Rent Comps after rehab- 5572 Clemens 63112- 3 bed updated units rent for $895, 5858 Cates 63112- 3 bed updated units rented for $1,150, 1019 Skinker rents from $950-$1,400. The building is in need of a full and complete renovation, being sold as-is.
    Exterior Features

    Building Style Mid-Rise 3Or4 Story Construction Brick/Stone Msn Pred Location City Lot Dimensions 58X148 Parking Description On Street Parking

    Interior Features

    Cooling Other Heat Source Other Heating Forced Air Water Heater Other

    Property Features

    Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS BLDFIN InsuranceOther Cable Available No Conditions Unknown Cross Street Address Hamilton Disclosures Sellers Discl Not Av Lot Size Source County Records Ownership Private Possession At Closing Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashExchangePrivateOther Sewer Public Special Listing Conditions None Tax Year 2017 Taxes Paid 629 Tenancy Type None Tenant Pays Other Transaction Type Sale Type Apt Bldg/Interior En Water Public

    Listing provided courtesy of Invest St. Louis. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-06-18T11:49:29.037.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
     
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    O'Fallon IL, 62269