5855 Washington

Estimated Monthly Payment: $5,969/mo 5855 Washington, St Louis, MO 63112 MLS# 20000254 Multi-Family 5+ Listing Status: Pending
12,000 sqft
147
43
0
0

REMARKS:

EXTREMELY RARE - Massive, fully occupied gut renovated 12 family blocks from Washington University. Tenants/Owners can walk to Campus, Forest Park, the Loop, the CWE and tons of retail. The Building is half one's and half two's featuring: refinished hardwood floors, large new windows, new lateral/plumbing, electric, kitchens/baths, forced heat, central air, and W/D in unit. A brand new 20+ year-warranty roof was installed a couple months ago, along with brand new steel porches/fire escape. There is gated off street parking, and storage available in the basement. The units are rented to Wash U students but have not seen rent increases in years. There is tons of upside on this one; property runs in place btw 6.5-7% cap and can easily be north of a 10% cap with little effort - you wont find this deal in a 63112 zip code. Add some personal touches, or just cash your rent checks – this property provides perfect value for someone looking to live & invest in a Class A neighborhood.

OVERVIEW:

Multi-Family 5+
Pending
North on Skinker & make a right (east) on Forest park parkway. Turn left on Laurel - the building is on the corner of Laurel and Washington Blvd.
Central West
Washington Heights Add
12000
9365
Brick/Stone Msn Pred
Forced Air
Electric
Ceiling Fan, Central-Electric
Public
Public
1915
Other, Parking Lot
0.22

FEATURES:

Drapes/Blinds
St. Louis City

SCHOOLS:

Adams Elem.
Blewett Middle
Beaumont Cte High School
St. Louis City

FINANCIAL:

$1,195,000
$6,231
2019

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of St. Louis Apartment Experts

 

 

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