27

6200 HOFFMAN AVE St Louis, MO 63139

$529,000

Bedrooms

Total Baths

Full Baths

3,584

Square Feet

0.12

Acres

1924

Year Built

0 days

On Website

Active

Status

Fully rented all electric building generating $4,600 a month with low costs! Completely renovated 4 family with bonus apartment in the basement in the desirable 63139 zip code, a walk to The Hill. All units were recently updated and construction was completed in 2020 when the basement unit was added. Units feature modern kitchens with updated cabinets, stainless steel appliances, in-unit laundry for all units with appliances included, 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. There is plenty of off street parking. The building is currently fully leased. Annual expenses $7,175 so if fully rented the building would generate an annual net operating income of $48,025 which is an 9 % cap rate.

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Details


Interior
Living Area
3,584 SqFt.

Building And Construction
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1924

Exterior And Lot
Lot Size Acres
0.124
Lot Size Square Feet
5401

Utilities
Cooling
Gas
Heating
Forced Air

Area And Schools
City
St Louis
County Or Parish
St Louis City
Elementary School
Mason Elem.
High School
Roosevelt High
High School District
St. Louis City
Middle Or Junior School
Long Middle Community Ed. Center
Subdivision Name
Seevers Clifton Add

Financial Info
Buyer Agency Compensation
2%
Tax Annual Amount
$2,255.00
Tax Year
2020

Listing By Invest St. Louis

MLS# 21072231

Data Last Updated 11:08AM - 10/17/2021

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