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$ 365,000
Est. payment /mo
Active
1423 Hodiamont AVE St Louis, MO 63112
4,006 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,006 sqft
Price per Sqft $91
Subdivision Watsons Fruit Hill Add
MLS Listing ID MIS25021315
Year Built 1906
Lot Size 3,080 Sqft
Acres 0.0707
Lot Dimensions 38X73
Property Sub-Type Multi Family
Property Description
This is a free-standing mixed-use mercantile and apartment building located in a quiet residential area of Hamilton Heights. The property encompasses approximately 4,006 square feet and sits on a 3,080 square foot lot.
The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old.
On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity. Location: City, Corner Location
The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old.
On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity. Location: City, Corner Location
Location
State MO
County St Louis City
Area 4 - Central West
Interior
Heating Natural Gas, Forced Air
Cooling Central Air, Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
Building
Water Public
Structure Type Brick
Others
Special Listing Condition Standard
Listed by Cardinal Realty Group
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