Courtesy of: Jordan Schoen, Invest St. Louis, marketing@investstl.com
Courtesy of: Jordan Schoen, Invest St. Louis, marketing@investstl.com
$2,750,000
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5 bed
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6.00 Bath (6 Full)
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Other
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$2,750,000
6008 Southwest Avenue 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.
Courtesy of: Jordan Schoen, Invest St. Louis, marketing@investstl.com
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