$975,000
$985,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
5568 Waterman St Louis, MO 63112
12,084 SqFt
Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 12,084 sqft
Price per Sqft $80
Subdivision Kingsbury Place Add
MLS Listing ID 21033594
Sold Date 06/08/21
Construction Status 112
Year Built 1909
Building Age 112
Lot Size 0.279 Acres
Acres 0.279
Lot Dimensions 67X180
Property Description
Rare find, a cash producing residential investment property in the heart of Debaliviere! With a great pipeline of renters from neighboring Washington University (The student shuttle goes right down Waterman!) this is a consistently performing property. Swanky new residential construction in the neighborhood keep rents strong with one highest rental rates in St. Louis! There are 3 - 3 bedroom units and 3- 2 bedroom units, and where 5568 Waterman excels is offering large and well defined spaces giving roommates privacy that is uncommon and sought after by especially grad students! EACH UNIT HAS THEIR OWN WASHER AND DRYER which makes these apartments even more attractive to renters! Nestled in with beautiful condos, houses, dog walkers and students the location cannot be better! Wash U and the central corridor keep growing making this a great opportunity for a long term consistent investment!
Location
State MO
County St Louis City
Area Central West
Interior
Heating Forced Air, Individual Furnaces
Cooling Electric
Fireplace N
Laundry Prvt Laund all units
Exterior
Amenities Available Some Balc/Some Terrc
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 112
Schools
Elementary Schools Hamilton Elem. Community Ed.
Middle Schools Langston Middle
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Rueben Williams