6041 Waterman, St Louis, MISSOURI 63112

$1,495,000
12,180
SqFt
List Price
$1,495,000
Days on Market
37
MLS#
20013008
Status
ACTIVE UNDER CONTRACT
Living Sq. Ft
12,180
Lot Size
9,409
Sq. Ft. Above
12,180
Acres
0.216
Year Built
1911
Age
109
Subdivision
Wash Heights Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Wow -- Extremely Rare opportunity to invest a huge multi-unit apartment building located right in the heart of the coveted Washington University Student Market -- perhaps the best rental market in all St. Louis This massive three-story, 8-unit property boasts four proper 1-bedroom units on the 1st floor, and four huge 3-bedroom on the remaining floors -- great diversification! Hardwood floors throughout, many renovated high end kitchens and baths. Large wood deck in great shape off the back overlooking ample off street parking. West 3-bedrooms have 2nd Bathrooms in-unit, 2nd floor units have access to front balcony New $30,000 roof replaced in 2018, central AC and Heat, most of the plumbing updated, this property is set to be an easy-to-rent, easy-to-maintain property for. Large updated laundry area with great storage lockers in basement. Huge front foyer. Offered at a true 7.53% Cap Rate Return – this one of a kind investment is not to be missed!

Additional Information

Gross Operating Income
145440
Total Expenses
$41,814
School District
St. Louis City
Elementary School
Hamilton Elem. Community Ed.
Jr. High School
Yeatman-Liddell Middle School
Sr. High School
Sumner High
Construction
Brick/Stone Msn Pred
Parking Description
On Street Parking, Parking Lot, Unassigned
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
122.74
Taxes Paid
6978
Buyer's Agent Commission
2.25
Selling Terms
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Evan Kuhn, Broker.

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