6423 Alamo Avenue, St Louis, MO 63105

$1,195,000
Sold Price
$1,195,000
List Price
$1,195,000
Closing Date
Aug 12, 2022
Days on Market
23
MLS#
MAR22047016
Status
CLOSED
Lot Size
5,401
Sq. Ft. Above
4,596
Acres
0.124
Year Built
1920
Subdivision
Hi Pointe
Municipality
Clayton
County
St Louis
Year Built
1920
Listing Type
Multifamily

Property Description

Incredible opportunity to own one of the largest, most pristinely-maintained four-family apartment buildings in Clayton! Nestled in the heart of the enviable DeMun Neighborhood, this property boasts sizeable renovated 2-bedroom units with hardwood floors, great natural lighting, in-unit washers & dryers. Large updated kitchen with granite countertops and stainless appliances. Central AC & Forced-air heat. All units have the same layout &finishes, with minor differences: whereas the two west side units have kitchens with cherry cabinets & a large closet off the dining room, the two east side units have white cabinets & a second half-bathroom in lieu of the closet off the dining room. Updated plumbing throughout, updated electric including panels. Solid brick building, roof in great shape, one-to-one off-street parking in the rear. Offered at a 5.97% cap rate with conservative pro forma market rents, buildings of this caliber do not come available often. Call today! NOI is pro forma

Additional Information

School District
Clayton
Elementary School
Ralph M. Captain Elem.
Jr. High School
Wydown Middle
Sr. High School
Clayton High
Construction
Brick
Parking Description
Off Street
Cooling
Electric
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
260.01
Taxes Paid
9706
Selling Terms
Cash Only, Conventional, Exchange, Private
Transaction Agent Commission
2.5
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 Evan Kuhn, Broker. Selling Office: Coldwell Banker Realty - Gundaker.

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