721 Limit Avenue, St Louis, MO 63130
- $1,200,000
- Sold Price
- $1,200,000
- List Price
- $1,200,000
- Closing Date
- Jan 28, 2022
- Days on Market
- 0
- MLS#
- MAR21085488
- Status
- CLOSED
- Lot Size
- 11,326
- Sq. Ft. Above
- 11,616
- Acres
- 0.26
- Subdivision
- North Parkview
- Municipality
- University City
- School District
- University City
- County
- St Louis
- Year Built
- 1925
- Listing Type
- Commercial
Property Description
A solid investment property located in the 100% developed community just off the Delmar Loop. Located 4 buildings north of The Lofts of Washington University gives this updated property the perfect position for continuing increased revenue flow. The Wash U run Delmar Loop Shuttle stop is at the corner with the convenience and safety of being in the shadow of Wash U student housing. The building itself, containing 6 large apartments, is completely updated with sun filled units, ample off-street parking, and a properly fenced in back yard. The hardwood floors are immaculate, and each unit has its own all electric HVAC, water heaters, washers and dryers. Tenants pay all utilities including water, sewer, and trash. As Wash U continues to invest in the neighborhood and raising their rents this property is well positioned to significantly appreciate in value. Gross Revenue numbers include all units rented plus pet fee for unit 1N. Currently unit 2S is vacant for showings.
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Additional Information
- Elementary School
- Barbara Jordan Elem.
- Jr. High School
- Brittany Woods
- Sr. High School
- University City Sr. High
- Construction
- Brick
- Parking Description
- Space/Unit - 1, Parking Lot, Unassigned
- Lot Dimensions
- 80X140
- Cooling
- Ceiling Fan(s), Electric
- Sewer
- Public Sewer
- Heating
- Forced Air
- Water
- Public
- Heat Source
- Electric
- Price Per Sq. Ft
- 103.31
- Taxes Paid
- 10225
- Selling Terms
- Cash Only, Conventional
- Transaction Agent Commission
- 1.5
- Buyers Agent Commission
- 2.25
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Listing courtesy of Rothschild Management, LLC. Selling Office: Keller Williams Realty St. Louis.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
