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Keagan Marten

keagan@cisler.com +1(217) 710-7047

$ 1,650,000

Est. payment -/mo

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5300 Maple AVE St Louis, MO 63112

15,840 SqFt

UPDATED:

08/29/2024 06:39 PM

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

Construction Status 116

Year Built 1908

Building Age 116

Lot Size 0.364 Acres

Acres 0.3636

Lot Dimensions 133x120

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

Fireplace N

Laundry Common Laundry, Other

Exterior

Parking Type On Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 116

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

Listed by Brian Combs • Elevate Realty, LLC

Keagan Marten

Agent | License ID: 475.206207

+1(217) 710-7047

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Keagan Marten

Keagan Marten

5300 Maple AVE St Louis, MO 63112

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5300 Maple AVE