8154 Whitburn

    St Louis, MO 63105
    • $975,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 18093609
    Price Reduced
    $975,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,989
      SQFT
    • $89
      $/SQFT
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Priced below Clayton sales comps - bring your qualified investors! Priced to sell at $162,500/unit for 6 large 2 bed units*7.01% proforma cap rate* All offers to be submitted on Spacial Sale contract. Clayton 6 family building in great condition with spacious 2 bedroom units. Many updates. Windows replaced in 5 units. Separate formal dining rooms with built-in ambient lighting, large living room, ample bathroom and bedroom sizes. 1 Block from St. Louis Galleria, 3 blocks from The Boulevard Shops. Short Walk to Shaw Park and Pool. 5 of 6 apartments have been updated since 2010. Fully occupied with below market rents - MTM tenancy and no rent increases in several years allow for immediate rent upside. 6 car basement garage parking. separate water heaters, furnaces and electric for low operating expenses. Corner lot, sits on .41 acre of land (per county records). Plenty of yard space to add a gazebo or grilling/patio area, dog run, etc and add value!

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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 2019-03-23T23:49:01.137.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
    www.holdenrealtygroup.com/homes/89909350

    8154 Whitburn St Louis, MO 63105

    • Price: $975,000
    • Status: Active
    • ID#: 18093609
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    10,989
    SQFT
    $89
    $/SQFT
    1948
    Built
    Neighborhood:
    Clayshire Blk 2 Lts 5 Thru 8 Resub
    County:
    St Louis
    Area:
    Clayton
    Elementary School:
    Meramec Elem.
    Middle School:
    Wydown Middle
    High School:
    Clayton High
    School District:
    Clayton
    Property Description
    Priced below Clayton sales comps - bring your qualified investors! Priced to sell at $162,500/unit for 6 large 2 bed units*7.01% proforma cap rate* All offers to be submitted on Spacial Sale contract. Clayton 6 family building in great condition with spacious 2 bedroom units. Many updates. Windows replaced in 5 units. Separate formal dining rooms with built-in ambient lighting, large living room, ample bathroom and bedroom sizes. 1 Block from St. Louis Galleria, 3 blocks from The Boulevard Shops. Short Walk to Shaw Park and Pool. 5 of 6 apartments have been updated since 2010. Fully occupied with below market rents - MTM tenancy and no rent increases in several years allow for immediate rent upside. 6 car basement garage parking. separate water heaters, furnaces and electric for low operating expenses. Corner lot, sits on .41 acre of land (per county records). Plenty of yard space to add a gazebo or grilling/patio area, dog run, etc and add value!
    Exterior Features

    Building Style Low/1-2 Construction Brick/Stone Msn Pred Location CityCorner Location Lot Dimensions 161X119X135X93 Parking Description 1 Space/UnitOn Street ParkingParking GarageUnderground

    Interior Features

    Cooling Central-Electric Heat Source Gas Heating Forced AirIndividual Furnaces Laundry Common Laundry Water Heater Gas

    Property Features

    Association St. Louis Association of REALTORS BLDFIN InsuranceMaintenance/RepairsPersonal Prop TaxesUtilities Cable Available Yes Conditions Unknown Disclosures Flood Plain YesOccupancy Perm ReqSellers Discl. Avail Lot Size Source County Records Ownership Private Possession At ClosingTenants Rights Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2017 Taxes Paid 9158 Tenancy Type LeasesMonth To Month Tenant Pays Cable Tv/SatelliteElectricGas Transaction Type Sale Type Apt Bldg/Interior En Water Public

    Listing provided courtesy of Re/Max Results. 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 2019-03-23T23:49:01.137.

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