SoldThis listing was sold on Aug 30, 2017 for the price shown here.
12,720 Sq Ft 1924 Year Built
Multi-Family Home
MLS # 17057688
Acres .18
Annual Taxes $8,362.00
School District St. Louis City
Subdivision Dorris Place Add

EXTREMELY RARE - Massive, fully gut rehabbed 9 unit in the gated blocks of the central west end. LOCATION, LOCATION, LOCATION - Tenants and owners can walk for a drink at the chase, take a quick run in forest park, walk to BJC/Wash U med and hit up the best restaurants and nightlife in town. The building has the perfect unit mix: three studios, three 1 beds and three 2 bed/2 bath units. All units have been gutted to the studs: drywall, newer electric, forced heat/central air, fireplaces and much more. There is tons of upside on this one; property runs in place at a 7% cap rate and can easily be at north of a 10% cap with little effort - you wont find this deal anywhere else in the 63108. Add some personal touches, or just cash your rent checks – this property provides perfect value for someone looking to live & invest in a Class A neighborhood surrounded by Million dollar homes. Current management can lease the final unit (2bd/2ba) or we can leave it vacant for the next owners home.

Elementary school: Adams Elem.
Middle school: Blewett Middle
High school: Beaumont Cte High School
Central air
Electric heat
Forced air heat
Natural gas heat
On street parking
Lot dimension is: 53*155
Subdivision: Dorris Place Add
Public sewer
Public water
Community laundry

Lindell to Union. Head north on union and make a right on Washington place. End of the gated block on the right hand side. Keep in mind Washington place is a gated street and accessible on one side.

IDXCourtesy of: St. Louis Apartment Experts, LLC Sidarth Chakraverty

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