St Louis, MO 63130,6424 Cates AVE
See all 19 photos
St Louis, MO 63130,6424 Cates AVE
St Louis, MO 63130,6424 Cates AVE
St Louis, MO 63130,6424 Cates AVE
St Louis, MO 63130,6424 Cates AVE

$545,000

Est. payment /mo

$549,000

0.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6424 Cates AVE St Louis, MO 63130

4,356 SqFt

SOLD DATE : 07/24/2020

Key Details

Sold Price $545,000

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Square Footage 4,356 sqft

Price per Sqft $125

Subdivision North Parkview

MLS Listing ID 20013007

Sold Date 07/24/20

Construction Status 95

Year Built 1925

Building Age 95

Lot Size 5,184 Sqft

Acres 0.119

Lot Dimensions 40 x 132 / 40 x 128

Property Description

Wonderful opportunity to invest in a turnkey 4-unit apartment building right in the heart of the booming Delmar Loop

Offered at an 8.52% Cap Rate return, 6424 Cates Ave boasts $1,295/rents on all four units, fully leased through May 2021! Great updates throughout, almost all PVC plumbing and copper supply, updated electric panels, tile flooring in kitchens, updated bathrooms and kitchens -- no need for any major updates to achieve great cash-flows for years to come. Full Roof Repair undertaken in 2018, new vinyl windows everywhere. These sizeable two-bedroom units have sun rooms often used as third bedrooms. Fenced-in backyard, and four spots of off-street parking.

With all the continual development in the Delmar Loop, and nearby Washing University, this neighborhood has performed incredibly for investors for the, and is poised tremendously for future growth.

Invest today before it's gone!

Location

State MO

County St Louis

Area University City

Interior

Heating Forced Air

Cooling Gas

Fireplace N

Appliance Some Dishwasher(s), Some Refrigerator(s), Some Range Oven(s)

Building

Sewer Public Sewer

Water Public

Construction Status 95

Schools

Elementary Schools Flynn Park Elem.

Middle Schools Brittany Woods

High Schools University City Sr. High

School District University City

Others

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


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

Suzanna Wolfe

Broker | License ID: 2007010758

+1(573) 245-8774

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.