6200 Hoffman Avenue, St Louis, MISSOURI 63139

$595,000
3,584
SqFt
List Price
$595,000
Price Change
▼ $30,000 1613426545
Days on Market
86
MLS#
21002378
Status
ACTIVE
Living Sq. Ft
3,584
Lot Size
5,401
Sq. Ft. Above
3,584
Acres
0.124
Year Built
1924
Subdivision
Seevers Clifton Add
Municipality
St. Louis City
County
St Louis City
Year Built
1924
Listing Type
Multifamily

Property Description

Completely renovated 5 family in Clifton Heights. All units were recently updated and construction was completed in 2020, the building was originally a 4 family and additional 5th unit was added in the basement. Units feature modern kitchens with updated cabinets, stainless steel appliances, in unit laundry with appliances, new flooring, lighting and fans. Bathrooms are updated throughout with new vanity's, toilets, flooring, shower systems. There are recently added mini split heating and cooling for 3 of the units and the other 2 have HVAC. The electric panels, furnaces and water heaters were updated when renovated and there are PVC plumbing stacks. 4 out of the 5 units are currently leased- one unit is being left vacant to show. When fully rented this building generates $4,600 a month and $55,200 annually. Annual expenses $7,175 so if fully rented the building would generate an annual net operating income of $48,025 which is a 7.6 % cap rate. Sq ft does not include basement unit.

Additional Information

School District
St. Louis City
Elementary School
Mason Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Construction
Brick Veneer Predom
Parking Description
On Street Parking, Parking Lot
Cooling
Central-Gas
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Electric
Price Per Sq. Ft
166.02
Taxes Paid
2255
Selling Terms
Cash, Conventional, Exchange, Private
Transaction Agent Commission
2
Buyers Agent Commission
2

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Listing courtesy of Invest St. Louis.

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