Rock Island Realty

Mid-Rise 3or4 Story

6265 Gravois Avenue

St Louis, MO 63116

MLS#: 23041329

$1,325,000

Status: Closed
Listing number: 23041329
Listing provided by: CBRE Inc.
Listing agent phone: None
Last update: N/A
On site: N/A
Browse Properties
Princeton Heights - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1970

Sq.Footage

9,675

GREAT STABILIZED ASSET W/ LIGHT VALUE-ADD OPPORTUNITY, 6.8% CAP RATE - 16 UNITS, 2 BUILDINGS IN THE PRINCETON HEIGHTS NEIGHBORHOOD OF ST. LOUIS, MO! This garden-style property features 14 one bedroom one baths and 2 two bedroom one bath apartments. Unit upgrades have recently been completed to all units including new hardwood flooring, kitchen/bathroom remodeling and fresh paint. Each building contains a basement with coin-operated laundry and storage units for tenants. The property is located at a highly-visible South City intersection surrounded by a vibrant business district brimming with local shops, eateries, cafes, restaurants, parks, and more. Perfect for self-managed local investor. The property has had consistent high occupancy with impressive rent growth.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    9675.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Concrete, Block, Frame

  • Parking

    RV Access/Parking, On Street, Open, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.27

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Mid-Rise 3or4 Story

Price

  • Sales Price

    $1,325,000

  • Tax Amount

    $7,130

  • Sq. Footage

    9, 675

  • Price/SqFt

    $136

HOA

  • Association

    No

School District

  • Elementary School

    Buder Elem.

  • Middle School

    Long Middle Community Ed. Center

  • High School

    Roosevelt High

Property Features

  • Ownership

    Private

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St Louis City-MO

Elementary School

Buder Elem.

Middle School

Long Middle Community Ed. Center

High School

Roosevelt High

Listing Courtesy of Corey M Egan , CBRE Inc.

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Agent Nina Harmon

AGENT

Nina Harmon

Call Nina today to schedule a private showing.

(573) 280-0355

harmonrrs@gmail.com


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GREAT STABILIZED ASSET W/ LIGHT VALUE-ADD OPPORTUNITY, 6.8% CAP RATE - 16 UNITS, 2 BUILDINGS IN THE PRINCETON HEIGHTS NEIGHBORHOOD OF ST. LOUIS, MO! This garden-style property features 14 one bedroom one baths and 2 two bedroom one bath apartments. Unit upgrades have recently been completed to all units including new hardwood flooring, kitchen/bathroom remodeling and fresh paint. Each building contains a basement with coin-operated laundry and storage units for tenants. The property is located at a highly-visible South City intersection surrounded by a vibrant business district brimming with local shops, eateries, cafes, restaurants, parks, and more. Perfect for self-managed local investor. The property has had consistent high occupancy with impressive rent growth.

6265 Gravois Avenue

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