6265 Gravois Avenue, St Louis, MISSOURI 63116

$839,000
12,508
SqFt
Sold Price
$839,000
List Price
$950,000
Closing Date
Apr 28, 2021
Days on Market
64
MLS#
21005148
Status
CLOSED
Living Sq. Ft
12,508
Lot Size
11,935
Sq. Ft. Above
12,508
Acres
0.274
Year Built
1964
Age
57
Subdivision
Gravois Milentz Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

16 unit apartment complex for sale in Princeton Heights! Split between 2 buildings on 1 parcel with shared courtyard and dedicated off-street parking from the alley. Total of fourteen 1 bedroom, 1 bathroom units, and two 2 bed, 1 bath units. The property is professionally managed and currently at 75% occupancy. At full occupancy these buildings gross $108,240 annually. Most units have been updated with fresh paint, some new kitchen flooring, counter tops, cabinets and appliances. Amazing location with Aldi's a block away, a laundromat and Walgreens across the street, and Christi Park less than a 5 minute walk away.

Additional Information

Gross Operating Income
80180
Total Expenses
$26,525
School District
St. Louis City
Elementary School
Woerner Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Construction
Brick/Stone Msn Pred
Parking Description
On Street Parking, Parking Lot
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
67.08
Taxes Paid
7065
Buyer's Agent Commission
2.5
Selling Terms
Cash, RRM/ARM

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Results. Selling Office: Dielmann Sotheby's Intl Realty.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified