Rock Island Realty

Mid-Rise 3or4 Story

5138 Waterman Boulevard

St Louis, MO 63108

MLS#: 22020677

$1,195,000

Status: Closed
Listing number: 22020677
Listing provided by: Platinum Realty of St. Louis, LLC
Listing agent phone: None
Last update: N/A
On site: N/A
Browse Properties
Debaliviere Place - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

10,197

WOW! Check out this 10,197 sq. ft. BEAUTIFULLY UPDATED 7 UNIT multifamily building in the beloved Central West End neighborhood! Gross monthly rent: $8,590/mo with room to increase! THREE-3 bed/ 2 bath units, THREE-1 bed/1 bath units, PLUS a NEW additional 1 bed/1 bath unit in the basement! Apt. 3N lease expires 5/31/22. All other leases expire 7/31/22. 3 bed/ 2 bath units in the area now renting for $1,895-$2,250!(Check out 6018 Pershing Ave renting at $1,950 or 6041 Waterman renting at $2,550!) Great opportunity for midterm or short term rental as well! Gut rehabbed building. Enjoy the perks of low cap ex going forward. All units have updated bathrooms and fully equipped kitchens complete with stainless steel appliances, dishwashers, & WASHER/DRYER IN-UNIT! Beautiful hardwood floors throughout, NEW Roof (2020), updated electric, PVC plumbing, PEX water lines, HVAC & hot water heaters. Driveway leads to a detached 3 car parking garage with 4 additional paved off-street parking spots!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    10197.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Electric, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Assigned, On Street, Garage, Open, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.22

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Mid-Rise 3or4 Story

Price

  • Sales Price

    $1,195,000

  • Tax Amount

    $9,599

  • Sq. Footage

    10, 197

  • Price/SqFt

    $117

HOA

  • Association

    No

School District

  • Elementary School

    Hamilton Elem. Community Ed.

  • Middle School

    Yeatman-Liddell Middle School

  • High School

    Sumner High

Property Features

  • Ownership

    Private

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St Louis City-MO

Elementary School

Hamilton Elem. Community Ed.

Middle School

Yeatman-Liddell Middle School

High School

Sumner High

Listing Courtesy of Katherine J Gerhardt , Platinum Realty of St. Louis, LLC

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Agent Emily Kostuke

AGENT

Emily Kostuke

Call Emily today to schedule a private showing.

(816) 916-5630

emily@homeatthelake.com


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WOW! Check out this 10,197 sq. ft. BEAUTIFULLY UPDATED 7 UNIT multifamily building in the beloved Central West End neighborhood! Gross monthly rent: $8,590/mo with room to increase! THREE-3 bed/ 2 bath units, THREE-1 bed/1 bath units, PLUS a NEW additional 1 bed/1 bath unit in the basement! Apt. 3N lease expires 5/31/22. All other leases expire 7/31/22. 3 bed/ 2 bath units in the area now renting for $1,895-$2,250!(Check out 6018 Pershing Ave renting at $1,950 or 6041 Waterman renting at $2,550!) Great opportunity for midterm or short term rental as well! Gut rehabbed building. Enjoy the perks of low cap ex going forward. All units have updated bathrooms and fully equipped kitchens complete with stainless steel appliances, dishwashers, & WASHER/DRYER IN-UNIT! Beautiful hardwood floors throughout, NEW Roof (2020), updated electric, PVC plumbing, PEX water lines, HVAC & hot water heaters. Driveway leads to a detached 3 car parking garage with 4 additional paved off-street parking spots!

5138 Waterman Boulevard

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