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.

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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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