$500,000

5120 Goethe Avenue

St Louis MO, 63109

Description

This Princeton Heights four-family has been renovated throughout and meticulously maintained. These apartments which are approximately 935 square feet feature renovated kitchens including updated cabinets, stainless steel appliances, breakfast bar. Bathrooms were renovated with new flooring, tiled shower surround with rain shower heads and updated vanities. Building has a detached garage and back porches for all units, hardwood floors, French doors, central air with updated furnaces and condensers, pvc stacks, updated electric panels. Building is fully rented for $3,735 a month which is $44,820 annually if fully rented. Annual expenses are $7,844. If fully rented the net annual income would be $36,976 which is a 7.3% cap rate. There was only 1 month of total vacancy for the building in 2020. Can be purchased along with 4947 Arsenal, 4960 and 4940 Odell, 6200 Hoffman.

Details

MLS#21002649
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1925
Days On Site42

Features

SQ Feet3,740
Golf CourseN
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Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63109
CountySouth City
Listing VS Median (in 63109)
Price:
$500,000
low | high
Med:
$207,400
100% of Average
SqFt:
3,740
low | high
Med:
1,118
100% of Average
$ / SqFt:
$134
low | high
Med:
$187
10.327412484961% of Average
On Site:
42
low | high
Med:
26
100% of Average
Listing Updated: February 1, 2021 2:01:52 PM PST
Jordan Schoen LogoMLS Number: 21002649
Listing Provided By:
Jordan Schoen  of  Invest St. Louis

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