5657 Waterman, St Louis, MISSOURI 63112

$999,000
7,884
SqFt
List Price
$999,000
Days on Market
16
MLS#
21048787
Status
ACTIVE
Living Sq. Ft
7,884
Lot Size
7,884
Sq. Ft. Above
7,884
Acres
0.181
Year Built
1914
Subdivision
Kingsbury Place Add
Municipality
St. Louis City
County
St Louis City
Year Built
1914
Listing Type
Multifamily

Property Description

Looking to own a lucrative Short Term Rental property in the heart of St Louis minutes from Forest Park? This 6 Condominium, 3 story, all brick building in the Skinker/DeBaliviere neighborhood might be a perfect fit! This highly desirable area keeps this fully furnished Vacation Rental consistently booked year round. New owner will "inherit" the property fully furnished as well as ALL existing future reservations. In addition they will have access to previous owners knowledge as one of the most experienced and successful vacation rental entrepreneur's in STL. This property is highly walkable with the History Museum just a few blocks away and very elaborate mixed use commercial and luxury apartments going in just across Debaliviere, as well as the Metrolink steps away. This central, walkable location is perfect for visitors of Washington University, Fontbonne, or just visiting STL for work or play. Bookings have growing year over year, even during the difficult year of COVID!

Additional Information

Gross Operating Income
156000
Total Expenses
$60,000
School District
St. Louis City
Elementary School
Hamilton Elem. Community Ed.
Jr. High School
Langston Middle
Sr. High School
Sumner High
Construction
Brick/Stone Msn Pred
Parking Description
Parking Lot
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
126.71
Taxes Paid
13650
Selling Terms
Cash, Conventional

Mortgage Calculator

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Listing courtesy of Magnolia Real Estate.

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