St Louis, MO 63109,5470 Loughborough AVE
St Louis, MO 63109,5470 Loughborough AVE
St Louis, MO 63109,5470 Loughborough AVE
18
$400,000
$379,900
5.3%
Est.Price: ?

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3,250 SqFt

5470 Loughborough AVE St Louis, MO 63109

Est. payment /mo
SOLD DATE : 03/10/2021

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Key Details

Sold Price $400,000

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $123

Subdivision Gravois Loughborough Place Add

MLS Listing ID 21003946

Sold Date 03/10/21

Construction Status 80

Year Built 1941

Building Age 80

Lot Size 5,271 Sqft

Acres 0.121

Lot Dimensions 50x105

Property Description

Great for owner occupant or add this easily managed and collected gem to your portfolio.
Spotless building with newer systems and updated mechanicals. Needs nothing but to fill the vacancy held for showing purposes. Vacant unit was getting $725, current average rents are $680. Great opportunity to raise rents and increase ROI.
3/4 units are updated like the pictures show.
Detached 3 car brick garage brings in additional income and tenants love having a garage.
Blocks from popular restaurants and bars as well as Wilmore Park in St. Louis Hills.
Solid 12% Cash on Cash.


First showing to occur week of 1/25/2021.

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s)

Exterior

Parking Type 3-4 Car Detached Grg

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 80

Schools

Elementary Schools Buder Elem.

Middle Schools Henry Elem.

High Schools Beaumont Cte High School

School District St. Louis City

Others

Ownership Private

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition None

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Listed by Nicholas Smyrniotis • Apartment Advisors of America
Bought with Christopher Thiemet

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Saddle Sisters Real Estate

Agent | License ID: 2023019053

+1(314) 526-6028

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