$399,000

6017 Kingsbury Ave

St Louis MO, 63112

Description

Attention investors! This property is offered at a true 7%+ cap rate on current rents. Both units are fully rented through May 2020. Sought-after location that is in easy walking distance to Washington University, Metrolink and Forest Park. Large 3 bedroom apartments with one of the best floor plans in the Skinker-DeBaliviere Neighborhood. Rents should be raised to $1,695 when up for renewal. Hardwood floors. Kitchen with dishwashers and tile floors. Garage. Washer and Dryer in basement for each unit supplied by the building. Central AC. New roof in July 2019.

Details

MLS#19050825
Sub-TypeResale
StatusActive
Year1911
Days On Site95

Features

SQ Feet3,180
Units2
Building(s)1

Market Activity 63112

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63112
AreaCentral West
Listing VS Median (in 63112)
Price:
$399,000
low | high
Med:
$132,450
100% of Average
SqFt:
3,180
low | high
Med:
485
100% of Average
$ / SqFt:
$125
low | high
Med:
$70
94.580265095729% of Average
On Site:
95
low | high
Med:
116
81.896551724138% of Average
Listing Updated: 10/13/2019
MLS Number: 19050825
Listing Provided By:
Ted Wight  of  Dielmann Sothebys Intl Realty