5772 West Florissant Avenue, St Louis, MO 63120

$852,000
List Price
$852,000
Price Change
▼ $48,000 1665788818
Days on Market
91
MLS#
MAR22059354
Status
ACTIVE
Subdivision
walnut park
Municipality
St. Louis City
School District
St. Louis City
County
St Louis City
Year Built
1965
Listing Type
Commercial

Property Description

Motivated Seller Reduced Price to accommodate rising interest rates. Professionally Managed Turnkey Investment Package of 29 Total Units among 3 Semi Contiguous Buildings: 5772, 5780 and 5784 West Florissant. 5- Efficiency and 24- 1 Bedroom-1 Bathroom Units are Individually Metered with Forced Air Heat and Window Unit Cooling. Coin Operated Laundry in Basements. Listed at a 10% Cap Rate with 20% Cash on Cash. Adopt Current Management and Enjoy the Cash Flow. Call Listing Agent for Details. Offer Memorandum available with proof of funds, pre-approval or bank letter as to qualify any buyer. Offers to be written via Special Sales Contract.

Additional Information

Elementary School
Walbridge Elem. Community Ed.
Jr. High School
Stevens Middle Community Ed.
Sr. High School
Vashon High
Construction
Brick
Parking Description
Accessible Parking
Lot Dimensions
50x140
Cooling
Wall Unit(s)
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Taxes Paid
9067
Selling Terms
Other
Transaction Agent Commission
1
Buyers Agent Commission
2.7

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 Apartment Advisors of America.

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