757 Syracuse Avenue St Louis, MO 63130

9,300 Sqft
5,227 Sqft lot
0.12 Acre lot
Status: Active
Property Type: Multi-family 5+
Year Built: 1923
Days on Website: 3

Listing courtesy of Salient Realty Group, LLC.

Description

Flagship building in U-City & walking distance to Washington University & the Delmar Loop and local grocery stores and restaurants. This beautifully renovated building features six spacious units (1,200 SF) with large sun-lit rooms featuring open updated kitchens with granite countertops and stainless appliances. The property offers a great unit mix with five 3bd/2bth units & one 2bd/2bth, which can easily be converted into a 3 bedroom unit. All units have in-unit laundry and central HVAC. The building also has updated electrical, plumbing, and HVAC systems. Two bathrooms have been fully renovated with tile floors, tile shower and newer vanities. There is plenty of rent upside on these units, as well as scheduled rent increases in leases. The property is just down the street from Subtext's new student housing development, LOCAL on Delmar, at Leland and Delmar where rents are expected to be at least $1,000 per room. Owner is a licensed real estate agent in MO.

Open House

Property Details and Features

  • Cable Available: 1
  • Two Bedroom Unit Baths: 2 or More Per Unit
  • Three Bedroom Unit Baths: 2 or More Per Unit
  • Above Grade Finished Area: 9300 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Brick"
  • Building Age: 102
  • Number Of Units Total: 6
  • Year Built: 1923
  • Cooling: "Ceiling Fan(s)", "Electric"
  • Disclosures: "Unknown", "Agent Owned", "Flood Plain No", "Sellers Discl. Avail"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Gas
  • Amenities: "Some Balc/Some Terrc"
  • Net Operating Income: 122220
  • Features: "Prvt Laund all units"
  • Inclusions: Building & Land
  • Lease Term: Leases
  • Two Bedroom Unit Includes: Dining Combo,Dishwasher,Laundry/Utility,Living/Great Room,Refrigerator,Range/Oven
  • Two Bedroom Unit Rent: 1745
  • Three Bedroom Unit Includes: Dining Combo,Dishwasher,Living/Great Room,Refrigerator,Range/Oven
  • Three Bedroom Unit Rent: 2181
  • Price per Sq.Ft.: $161
  • Transaction Type: Sale
  • Ownership Type: Private
  • Location: Suburban
  • Major Area: University City
  • Parcel Number: 18J-62-0583
  • Subdivision Name: Delmar Garden
  • Township: University City
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 0065 / - 0080 /
  • Lot Size Source: County Records
  • Lot Size Square Feet: 5227 Sq.Ft.
  • Features: "Space/Unit - 1", "Parking Lot", "Unassigned"
  • Possession: "Close Of Escrow"
  • 1 two-bedroom unit
  • 5 three-bedroom units
  • Property Type: Apartment Complex
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Jackson Park Elem.
  • High School: University City Sr. High
  • High School District: University City
  • Middle Or Junior School: Brittany Woods
  • "Public Sewer"
  • Prop Asses City Tax: 0
  • Annual Tax Amount: 14870
  • Tax Legal Description: & LOT PT 14 S 5 FT OF LOT 14
  • Tax Year: 2024
  • Tenant Pays: "Electricity", "Gas"
  • Water Source: "Public"