6114 Waterman new Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63112
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $206
Subdivision Washington Heights Add
MLS Listing ID 25057992
Year Built 1909
Lot Size 4,268 Sqft
Property Sub-Type 2-4 Units
Property Description
Incredibly rare opportunity to own a turnkey, renovated duplex within one block of Washington University, whose student rental market is the envy of the region. These large updated 3-Bedroom units command huge rents ($2595/mo!) by being located so close to campus and having desirable updates. A new owner can push rents here without doing any improvements -- similar units in the neighborhood are getting close to $3,000/mo with less square footage & further from campus. Kitchens boast stainless appliances and some stone countertops, hardwood floors throughout, high ceilings and large rooms with gorgeous trimmed millwork, decorative fireplace in living room -- they truly don't make them like they used to! Central AC & Forced-Air Heat, updated electric and plumbing. Huge two-story screened-in porch in the rear, one for each unit, and lovely fenced-in backyard with luscious greenery -- great space! 2nd Floor unit occupied, 1st Floor available for an owner-occupant seeking a great investment to live in. Offered at a 7.9 Cap Rate, income-producing properties of this caliber don't last long -- call today!
Location
State MO
County St Louis City
Area 4 - Central West
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 2
Exterior
Exterior Feature Private Yard
Parking Features false
Fence Full
Utilities Available Electricity Available,Natural Gas Available,Phone Available,Sewer Available
Building
Story 2
Structure Type Brick
Schools
Elementary Schools Hamilton Elem. Community Ed.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Standard