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6306 Page AVE St Louis, MO 63133
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Key Details
Sold Price $85,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,650 sqft
Price per Sqft $18
Subdivision Watsons Fruit Hill
MLS Listing ID 24068859
Year Built 1960
Building Age 64
Lot Size 8,276 Sqft
Property Description
Solid brick building features six units, each with 2 bedrooms, 1 bath, eat-in kitchen, and living room. Slab foundation, front and rear entry. One unit suffered a fire so take care when showing - significant rehab will be required. Other units have smoke damage and will require haul out and rehab. Updated vinyl windows within the last few years, but some of them have been broken. Off-street parking behind the building. Rentometer shows nearby rent per sf at $1.15, $.93, and $.99 for an average of $1.0233 per sf; with each unit at 775 sf, pro forma rent would be $793.05 / month. $793 x 6 units 12 months = 57,096 per year, less 10% vacancy = $51,386. Expenses when occupied: Taxes - $3148. Insurance - $1800. Sewer - $1800. Water - $1200. Trash - $1440. Maintenance - $3000. Lawn $620. Total: 13,008.
Location
State MO
County St Louis
Area Normandy
Interior
Heating Forced Air
Cooling Wall Unit(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Barack Obama Elementary School
Middle Schools Normandy Middle
High Schools Normandy High
School District Normandy
Others
Acceptable Financing Cash Only, Conventional, Private
Listing Terms Cash Only, Conventional, Private
Special Listing Condition None
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Bought with Tammy Derrigan