5300 Maple AVE Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63112
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 15,840 sqft
Price per Sqft $104
Subdivision Dwyers Add
MLS Listing ID 24041954
Year Built 1908
Building Age 116
Lot Size 0.364 Acres
Property Description
Welcome to 5300 Maple Ave.: 2 buildings comprised of 18 units: 12 (2 Bedroom units), 4 multi-level town homes (2 bedroom units), 2 (1 bedroom units). Property has been receiving upgrades since acquisition: a newer roof less than 5 years old including the flat roof; 3 new decks (2 in back and 1 in middle); wooden fence in rear; metal fence in front; and many new systems in place. 14 units having been revamped and refreshed. Building features a basement utilized as an office and storage that could provide supplemental coin laundry income. The property is on a quiet dead-end street less than a mile from Forest Park golf course and the famous mansions on Lindell Blvd. Washington University is also nearby. This stabilized property with the tax rate of Saint Louis generates enough income to set it apart from any other multi-family buildings on the market. A realistic pro-forma suggests over a 10% cap if you increase the below market rents. This is an excellent opportunity!
Location
State MO
County St Louis City
Area Central West
Interior
Heating Forced Air
Cooling Electric
Laundry Common Laundry,Other
Building
Sewer Public Sewer
Water Public
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 Cash Only,Conventional,Private
Listing Terms Cash Only,Conventional,Private
Special Listing Condition Rehabbed,Renovated,None