8154 Whitburn, St Louis, MO 63105

$975,000
10,989
SqFt
List Price
$975,000
Price Change
▼ $74,900 1553130039
Days on Market
103
MLS#
18093609
Status
ACTIVE
Living Sq. Ft
10,989
Lot Size
17,860
Sq. Ft. Above
10,989
Acres
0.41
Year Built
1948
Age
71
Subdivision
Clayshire Blk 2 Lts 5 Thru 8 Resub
Municipality
Clayton
County
St Louis
Listing Type
Multifamily

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!

Additional Information

School District
Clayton
Elementary School
Meramec Elem.
Jr. High School
Wydown Middle
Sr. High School
Clayton High
Construction
Brick/Stone Msn Pred
Parking Description
1 Space/Unit, On Street Parking, Parking Garage, Underground
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air, Individual Furnaces
Water
Public
Heat Source
Gas
Price Per Sq. Ft
88.73
Taxes Paid
9158
Selling Terms
Cash, Conventional

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Listing courtesy of RE/MAX Results.

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