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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 895,000

Est. payment | -/mo

14,000 SqFt

Save

$ 895,000

Est. payment | -/mo

Save

14,000 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 14,000 sqft

Price per Sqft $63

Subdivision Tacoma Add

MLS Listing ID 26023306

Style Apartment Style

Year Built 1930

Annual Tax Amount $6,581

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 5 Family or More

Property Description

Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace N

Exterior

View Y/N No

Building

Structure Type Brick

Schools

Elementary Schools Woodward Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Matt Millslagle • Salient Realty Group, LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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5001 S Grand BLVD St Louis, MO 63111