Rock Island Realty

Mid-Rise 3or4 Story

5568 Waterman

St Louis , MO 63112

MLS#: 21033594

$985,000

Status: Closed
Listing number: 21033594
Listing provided by: Rothschild Management, LLC
Listing agent phone: None
Last update: N/A
On site: N/A
Browse Properties
Kingsbury Place Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1909

Sq.Footage

12,084

Rare find, a cash producing residential investment property in the heart of Debaliviere! With a great pipeline of renters from neighboring Washington University (The student shuttle goes right down Waterman!) this is a consistently performing property. Swanky new residential construction in the neighborhood keep rents strong with one highest rental rates in St. Louis! There are 3 - 3 bedroom units and 3- 2 bedroom units, and where 5568 Waterman excels is offering large and well defined spaces giving roommates privacy that is uncommon and sought after by especially grad students! EACH UNIT HAS THEIR OWN WASHER AND DRYER which makes these apartments even more attractive to renters! Nestled in with beautiful condos, houses, dog walkers and students the location cannot be better! Wash U and the central corridor keep growing making this a great opportunity for a long term consistent investment!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    12084.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air, Varies by Unit

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Balcony

  • Parking

    Assigned, Unassigned

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.279

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Mid-Rise 3or4 Story

Price

  • Sales Price

    $985,000

  • Tax Amount

    $9,126

  • Sq. Footage

    12, 084

  • Price/SqFt

    $81

HOA

  • Association

    No

School District

  • Elementary School

    Hamilton Elem. Community Ed.

  • Middle School

    Langston Middle

  • 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

Langston Middle

High School

Sumner High

Listing Courtesy of Paul T Weiss , Rothschild Management, LLC

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Rare find, a cash producing residential investment property in the heart of Debaliviere! With a great pipeline of renters from neighboring Washington University (The student shuttle goes right down Waterman!) this is a consistently performing property. Swanky new residential construction in the neighborhood keep rents strong with one highest rental rates in St. Louis! There are 3 - 3 bedroom units and 3- 2 bedroom units, and where 5568 Waterman excels is offering large and well defined spaces giving roommates privacy that is uncommon and sought after by especially grad students! EACH UNIT HAS THEIR OWN WASHER AND DRYER which makes these apartments even more attractive to renters! Nestled in with beautiful condos, houses, dog walkers and students the location cannot be better! Wash U and the central corridor keep growing making this a great opportunity for a long term consistent investment!

5568 Waterman

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