Price Reduction
Address
6200 Hoffman Avenue St Louis, MO
Price
$ 580,000
Property Attributes
  • MLS#21002378
  • TypeMulti-Family
  • CountyST LOUIS CITY
  • CitySt Louis
  • AreaSouth City
  • NeighborhoodSeevers Clifton Add
  • Zip63139
  • StyleApt Bldg/Exterior En
  • Year Built1924
  • Taxes2255
  • Price$ 580,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3584
  • Lot Size5,401 SqFt
Listing Provided Courtesy Of:
Invest St. Louis
Data Source:
Mid America Regional Information Systems
Property Description

Completely renovated 5 family in Clifton Heights. All units were recently updated and construction was completed in 2020, the building was originally a 4 family and additional 5th unit was added in the basement. Units feature modern kitchens with updated cabinets, stainless steel appliances, in-unit laundry with appliances, new flooring, lighting and fans. Bathrooms are updated throughout with new vanity's, toilets, flooring, shower systems. There are recently added mini-split heating and cooling for 3 of the units and the other 2 have HVAC. The electric panels, furnaces and water heaters were updated when renovated and there are PVC plumbing stacks. The building is currently fully leased. When fully rented this building generates $4,600 a month and $55,200 annually. Annual expenses $7,175 so if fully rented the building would generate an annual net operating income of $48,025 which is an 8.2 % cap rate.

Price History
1/15/2021 Listed $625,000
2/15/2021 5% - $595,000
4/21/2021 3% - $580,000

General Features

Acres 0.1240
Age 97
Area South City
Attached Documents 3
Cooling Central-Gas
Cumulative Days on Market 106
Ownership Private
School District St. Louis City
Status Active

Interior Features

Heating Forced Air

Exterior Features

Style Low/1-2
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 63139

Price
AVG $430K
$580K
Taxes
AVG $2,210
$2,255
Visits
AVG 12
33
Year Built
AVG 1927
1924
Walkscore
AVG 60
64
Data Provided by Walkscore ® not using MLS data

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