St Louis, MO 63105,6432 Alamo AVE
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St Louis, MO 63105,6432 Alamo AVE
St Louis, MO 63105,6432 Alamo AVE
St Louis, MO 63105,6432 Alamo AVE
St Louis, MO 63105,6432 Alamo AVE

$620,000

Est. payment /mo

$635,000

2.4%
Est.Price: ?

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6432 Alamo AVE St Louis, MO 63105

4,396 SqFt

SOLD DATE : 03/13/2020

Key Details

Sold Price $620,000

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Square Footage 4,396 sqft

Price per Sqft $141

Subdivision Hi Pointe

MLS Listing ID 20003350

Sold Date 03/13/20

Construction Status 95

Year Built 1925

Building Age 95

Lot Size 5,140 Sqft

Acres 0.118

Lot Dimensions 40 x 128

Property Description

Rare opportunity to own a fully-leased 4-unit apartment in the heart of the cherished DeMun Neighborhood of Clayton.

6432 Alamo boasts sizable 2-bedroom units with separate living and dining room areas, hardwood floors throughout, new windows everywhere, and a 1-year old roof. The two 1st floor units have kitchens with stainless steel appliances, granite countertops. Clean dry basement, solid brick building, laundry hookups for all 4 units.

Offered at a 6.1 Cap at market rents, this property works wonderfully for the buy-and-hold investor seeking strong, stable cash-flows from a top-notch area.

Additionally, there’s tremendous upside here – with ease, this property can deliver far higher rents to an investor making upgrades. Adding Forced Heat and AC, Washer Dryers, parking, other cosmetics. In DeMun, other renovated 2-bedroom apartments with washer dryers in unit are getting $1,895/mo! Either way, at this price, it’s win-win.

Will not last long – call Evan today!

Location

State MO

County St Louis

Area Clayton

Interior

Heating Radiator(s)

Cooling Wall/Window Unit(s)

Fireplace N

Appliance Some Dishwasher(s), Some Disposal(s), Some Refrigerator(s), Some Range Oven(s), Washer/Dryer

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 95

Schools

Elementary Schools Ralph M. Captain Elem.

Middle Schools Wydown Middle

High Schools Clayton High

School District Clayton

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Exchange

Listing Terms Cash Only, Conventional, Exchange

Special Listing Condition None

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Listed by Evan Kuhn • Evan Kuhn, Broker
Bought with Katherine Karasick

Suzanna Wolfe

Broker | License ID: 2007010758

+1(573) 245-8774

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