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6008 Southwest AVE St Louis, MO 63139
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26048673
Style Apartment Style,Contemporary
Year Built 1927
Annual Tax Amount $7,164
Property Sub-Type 5 Family or More
Property Description
Fully renovated 13-unit multifamily property in St. Louis' 63139 corridor, a few blocks from The Hill and near Forest Park, the Barnes hospital complex, local dining, with easy access to highway 40 and 44. The unit mix includes eleven 1 bed/1 bath apartments, one 2 bed/2 bath apartment, and one 2 bed/2.5 bath apartment. The property underwent an extensive gut renovation, including conversion of three former commercial spaces into residential units. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; renovated kitchens and bathrooms; refinished common areas and basements; new appliances and fixtures; redesigned layouts; and AT&T Fiber infrastructure to each residential unit. Stabilized cash flow with current annual income of $207,058, expenses of $39,980, and NOI of $167,078. Three off-street parking spaces. Can be purchased with 6201 Arsenal St, another fully renovated 13-unit building nearby.
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement Full
Interior
Cooling Central Air
Fireplace N
Exterior
Parking Features false
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Brick
Schools
Elementary Schools Mason Elem.
Middle Schools Henry Elem.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Listed by Jordan Schoen • Invest St. Louis
Nearby School & Business