| Megan Rosenkoetter
Phone: 314-956-2860 Office: 380-0581 Website: http://meganrosenkoetter.circastl.com |
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5300 Maple Avenue St Louis, MO 63112
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| Welcome to 5300 Maple Ave.: 2 buildings comprised of 18 units: 12 (2 Bedroom units), 4 multi-level town homes (2 bedroom units), 2 (1 bedroom units). Property has been receiving upgrades since acquisition: a newer roof less than 5 years old including the flat roof; 3 new decks (2 in back and 1 in middle); wooden fence in rear; metal fence in front; and many new systems in place. 14 units having been revamped and refreshed. Building features a basement utilized as an office and storage that could provide supplemental coin laundry income. The property is on a quiet dead-end street less than a mile from Forest Park golf course and the famous mansions on Lindell Blvd. Washington University is also nearby. This stabilized property with the tax rate of Saint Louis generates enough income to set it apart from any other multi-family buildings on the market. A realistic pro-forma suggests over a 10% cap if you increase the below market rents. This is an excellent opportunity! |
Community and SchoolsElementary School: Hamilton Elem. Community Ed. Junior High School: Yeatman-Liddell Middle School Senior High School: Sumner High Lot & Building FeaturesConstruction: Brick Cooling: Electric Heat Source: Electric Heating: Forced Air Parking Description: On Street Sewer: Public Sewer Tax Year: 2023 Water: Public Lot Dimensions: 133x120 ft |
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