$475,000
$475,000
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1068 Sutter AVE St Louis, MO 63130
5,928 SqFt
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 5,928 sqft
Price per Sqft $80
Subdivision North Cabanne
MLS Listing ID 24014073
Year Built 1959
Lot Size 8,015 Sqft
Property Sub-Type 5 Family or More
Property Description
GREAT opportunity to own a 10 unit complex close to the Delmar Loop! Nicely Newly Renovated - Updates include new plan flooring throughout, an open living and dining room, master bedroom suite that offers a full bathroom with both new tub and vanity. The kitchen has an electric stove top, fridge and a decent size eat-in area. Washer and dryer connections. Close to public transportation. Decision was made to offer rent specials to fill vacancies before end of the year. Regular rent rate $650. (Pro-Forma $650 x 10 = $6500 a month!) Newer leases reimburse for sewer, can do same for water & trash. These units are super easy to rent and run! All the heavy lifting has already been down. One unit needs some work. One unit in middle of a turnover which will be completed by closing. Some leases need renewal. This is a great money-maker and with so much upside within EASY reach. Compare ROI in this price range! This is the ONE! Selling Largely As-Is
Location
State MO
County St. Louis
Area 136 - University City
Interior
Heating Electric, Forced Air
Cooling Wall Unit(s)
Laundry Washer Hookup, In Unit
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Washington Elem.
Middle Schools Normandy Middle
High Schools Normandy High
School District Normandy
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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