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721 Limit AVE St Louis, MO 63130
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 11,616 sqft
Price per Sqft $103
Subdivision North Parkview
MLS Listing ID 21085488
Sold Date 01/28/22
Construction Status 97
Year Built 1925
Building Age 97
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 80X140
Property Description
A solid investment property located in the 100% developed community just off the Delmar Loop. Located 4 buildings north of The Lofts of Washington University gives this updated property the perfect position for continuing increased revenue flow. The Wash U run Delmar Loop Shuttle stop is at the corner with the convenience and safety of being in the shadow of Wash U student housing. The building itself, containing 6 large apartments, is completely updated with sun filled units, ample off-street parking, and a properly fenced in back yard. The hardwood floors are immaculate, and each unit has its own all electric HVAC, water heaters, washers and dryers. Tenants pay all utilities including water, sewer, and trash. As Wash U continues to invest in the neighborhood and raising their rents this property is well positioned to significantly appreciate in value. Gross Revenue numbers include all units rented plus pet fee for unit 1N. Currently unit 2S is vacant for showings.
Location
State MO
County St Louis
Area University City
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric
Fireplace N
Laundry Lndry Connect all Un
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 97
Schools
Elementary Schools Barbara Jordan Elem.
Middle Schools Brittany Woods
High Schools University City Sr. High
School District University City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Kathleen Bresnahan