5001 S Grand Boulevard St Louis, MO 63111

21,746 Sqft
7,405 Sqft lot
0.17 Acre lot
Status: Active
Property Type: Multi-family 5+
Year Built: 1930
Days on Website: 130

Listing courtesy of Salient Realty Group, LLC.

Description

Incredible mixed use building. 3 retail spaces, 8 - studios and 8 - 1 bd/1 bth units. Currently performing at a 9.97% Cap Rate. The building underwent several updates: high efficiency boiler, newer coated roof, new windows, tuck pointing and all but 1 stack has been replaced. 75% of the units have been updated - kitchen, bath and flooring throughout.

Open House

Property Details and Features

  • Efficiency Baths: 1 Full
  • One Bedroom Unit Baths: 1 Per Unit
  • Above Grade Finished Area: 21746 Sq.Ft.
  • Above Grade Finished Area Source: Other
  • Construction Materials: "Brick"
  • Building Age: 94
  • Number Of Units Total: 19
  • Year Built: 1930
  • Neighborhood: Dutchtown
  • Cooling: "Wall Unit(s)"
  • Disclosures: "Unknown", "Sellers Discl Not Av"
  • Heating: "Baseboard"
  • Heating Included
  • Heat Source: Other
  • Net Operating Income: 109708
  • Inclusions: Building & Land
  • Lease Term: Leases
  • Efficiency Rent: $765
  • One Bedroom Unit Rent: 779
  • Price per Sq.Ft.: $49
  • Transaction Type: Sale
  • Location: City,Corner Location
  • Major Area: South City
  • Parcel Number: 4711-00-0170-7
  • Subdivision Name: Dutchtown
  • Township: St. Louis City
  • Lot Size Acres: 0.17
  • Lot Size Dimensions: 50 x 150
  • Lot Size Square Feet: 7405 Sq.Ft.
  • Features: "On Street"
  • Possession: "Close Of Escrow"
  • 8 efficiency units
  • 8 one-bedroom units
  • Property Type: Other
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Woodward Elem.
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Lyon-Blow Middle
  • "Public Sewer"
  • Annual Tax Amount: 6434
  • Tax Year: 2023
  • Tenant Pays: "Cable TV"
  • Water Source: "Public"