6609 Clayton RD Save Request In-Person Tour Request Virtual Tour
Clayton,MO 63117
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,864 sqft
Price per Sqft $190
Subdivision Demun
MLS Listing ID 24021167
Year Built 1930
Building Age 94
Lot Size 6,534 Sqft
Property 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.
Location
State MO
County St Louis
Area Clayton
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ralph M. Captain Elem.
Middle Schools Wydown Middle
High Schools Clayton High
School District Clayton
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition None