5706 Thekla Avenue, St Louis, MO 63120

$238,000
Sold Price
$238,000
List Price
$270,000
Closing Date
Jul 11, 2022
Days on Market
119
MLS#
MAR22014108
Status
CLOSED
Lot Size
6,926
Sq. Ft. Above
7,992
Acres
0.159
Subdivision
Walnut Park Add
Municipality
St. Louis City
School District
St. Louis City
County
St Louis City
Year Built
1964
Listing Type
Commercial

Property Description

Good cash flowing 8 unit building. Average rents are $500/mth. There is an identical building next door where rents were advertised at $600/mth. Seller has done several repairs/updates including, but not limited to a new roof, new doors, some updated plumbing and electric, some water heaters, painting, flooring, windows, and more. We should be around a 10% CAP rate at current rents. It'll be higher when you raise them. Building is in decent shape, but could use some touchups here and there. Only showing one vacant unit now. You can see the rest with an accepted/contingent offer. DO NOT DISTUB THE TENANTS. Be sure to check out our VIDEO walk through.

Additional Information

Elementary School
Walbridge Elem. Community Ed.
Jr. High School
Yeatman-Liddell Middle School
Sr. High School
Vashon High
Parking Description
Parking Lot, Unassigned
Lot Dimensions
50x138
Cooling
Window Unit(s)
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
29.78
Taxes Paid
1917
Selling Terms
Cash Only, Conventional, Private
Buyers Agent Commission
2.5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Welcome Home Realty Group, LLC. Selling Office: Stowers Realty Group LLC.

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