6008 Southwest Avenue,St Louis, MO 63139
St Louis, MO 63139
Description
Fully renovated 13-unit multifamily property in St. Louis' 63139 corridor, a few blocks from The Hill and near Forest Park, the Barnes hospital complex, local dining, with easy access to highway 40 and 44. The unit mix includes eleven 1 bed/1 bath apartments, one 2 bed/2 bath apartment, and one 2 bed/2.5 bath apartment. The property underwent an extensive gut renovation, including conversion of three former commercial spaces into residential units. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; renovated kitchens and bathrooms; refinished common areas and basements; new appliances and fixtures; redesigned layouts; and AT&T Fiber infrastructure to each residential unit. Stabilized cash flow with current annual income of $207,058, expenses of $39,980, and NOI of $167,078. Three off-street parking spaces. Can be purchased with 6201 Arsenal St, another fully renovated 13-unit building nearby.
Details
| MLS # | 26048673 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 94 |
| Listing Provided By | Invest St. Louis | Jordan Schoen |
Features
| Basement | Y |
|---|---|
| Units | 13 |
| Building(s) | 1 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Property | 7164 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63139 |
| Area | South City |
| Community Name | n/a |
| School District | Roosevelt High |
| Elementary School | Mason Elem. |
| High School | Roosevelt High |
| Listing VS Median (in n/a) | |
Price: $2,750,000 low | high Med: $299,000 On site: 94 low | high Med: 156 | |
Market Activity 63139
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Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63139 |
| Area | South City |
| Community Name | n/a |
| School District | Roosevelt High |
| Elementary School | Mason Elem. |
| High School | Roosevelt High |
| Listing VS Median (in n/a) | |
Price: $2,750,000 low | high Med: $299,000 On site: 94 low | high Med: 156 | |
 | $2,275,0006201 Arsenal StreetSt Louis, MO 63139 |