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Kim Banovz

kim@cisler.com +1(618) 670-1910

$ 1,450,000

Est. payment -/mo

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Active

1956 Sidney ST St Louis, MO 63104

8,435 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 8,435 sqft

Price per Sqft $171

Subdivision Fairmonts Add

MLS Listing ID 25045609

Year Built 1887

Acres 0.132

Property Sub-Type 5 Family or More

Property Description

Fully occupied, newly renovated 7-unit historic building in the heart of Benton Park. Over $250,000 in improvements completed, making this a turnkey investment opportunity with strong income potential. Currently performing at an 7% cap, with upside potential through rent improvements. Beautiful new interior features include in-demand layouts with modern kitchens (white cabinets with granite, stainless appliances, tiled floors, new hardware and lighting), newly installed in unit laundry with w/d included, new flooring and fresh paint throughout, baths include subway tiled bath/showers, new vanity, and fixtures. Bedrooms with lots of closets, panel doors, and plenty of natural light throughout. Exterior improvements include tuckpointing, sewer lateral, landscaping and more. Some new HVAC and hot water heaters. Each unit with Individual systems and electric panels. Ideal for investors seeking a low-maintenance property in a strong rental area. Close to restaurants, parks, public transportation, and major highways. This listing is part of a multi-property portfolio available as a package deal. Buyer has the opportunity to purchase 3 additional buildings for a total of 15 units. Properties are fully leased and offer strong current performance with upside potential. Contact listing agent for full package details, addresses, and financials.

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement Crawl Space

Interior

Interior Features Custom Cabinetry, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combo, Open Floorplan, See Remarks, Shower, Tub

Heating Forced Air

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Y

Appliance Dishwasher, Disposal, Microwave, Gas Range, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Exterior Feature Courtyard

Parking Features false

Utilities Available Cable Available

Building

Lot Description Corner Lot

Water Public

Architectural Style Historic, Mid-Rise 3or4 Story, Modern

Level or Stories Three Or More

Structure Type Brick,Stone

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Listed by Kathy Bresnahan • Keller Williams Realty St. Louis

Kim Banovz

Broker | License ID: 475.209182

+1(618) 670-1910

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