6609 Clayton Road Clayton, MO 63117

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$925,000 Est. $3,406 / mo.*
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Property Type: Multi-family 2-4
Status: Active
Year Built: 1930
Neighborhood: Demun
Days on Website: 225

Listing courtesy of Salient Realty Group, LLC.

Description

Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,580, $1,495, $1,500, & $1,595. Market rents for the area are approximately $1,975/mo for updated two bedroom units.

Open House

Property Details and Features

  • Driveway: Asphalt
  • Cable Available: 1
  • "Some Dishwasher(s)", "Some Microwave(s)", "Some Refrigerator(s)", "Some Range Oven(s)", "Some Shower Bath(s)", "Washer/Dryer"
  • Above Grade Finished Area: 4864 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Brick"
  • Building Age: 94
  • Building Description: Apt/InteriorEntrance
  • Year Built: 1930
  • Cooling: "Electric"
  • Disclosures: "Unknown", "Sellers Discl Not Av"
  • Operating Expense Includes: "Electricity", "Gas", "Insurance", "Water/Sewer", "Taxes", "Trash", "Fixed Expenses"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Electric,Gas
  • Fee Frequency: None
  • Net Operating Income: 39985
  • Lease Term: Leases
  • Price per Sq.Ft.: $190
  • Transaction Type: Sale
  • Ownership Type: Private
  • Major Area: Clayton
  • Parcel Number: 20J-63-1100
  • Subdivision Name: DeMun
  • Township: Clayton
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 50 x 130
  • Lot Size Source: County Records
  • Lot Size Square Feet: 6534 Sq.Ft.
  • Misc. Features: Basement
  • Features: "Off Street"
  • Possession: "Close Of Escrow", "Subject to Tenant Rights"
  • Type of Units: 4-Family
  • Property Sub Type: Multi-Family 2-4
  • Elementary School: Ralph M. Captain Elem.
  • High School: Clayton High
  • High School District: Clayton
  • Middle Or Junior School: Wydown Middle
  • "Public Sewer"
  • Prop Asses City Tax: 0
  • Annual Tax Amount: 10046
  • Tax Year: 2023
  • Tenant Pays: "Electricity", "Gas"
  • Water Source: "Public"

Location

$925,000 - 6609 Clayton Road, Clayton, MO 63117
6609 Clayton Road Clayton, MO 63117
Major Area: Clayton

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