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6200 Hoffman St Louis, MO 63139
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Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $142
Subdivision Seevers Clifton Add
MLS Listing ID 23047098
Sold Date 10/20/23
Construction Status 97
Year Built 1926
Building Age 97
Lot Size 1.240 Acres
Acres 1.24
Lot Dimensions 5,401 sqft.
Property Description
All electric building generating $4,650 a month with low costs! Completely renovated 4 family with bonus apartment in the basement in the desirable 63139 zip code. All units were recently updated and construction was completed in 2020 when the basement unit was added. Units feature modern kitchens with updated cabinets, stainless steel appliances, in-unit laundry for all units with appliances included, new flooring, lighting and fans. Bathrooms are updated throughout with new vanities, toilets, flooring, shower systems. There are recently added mini-split heating and cooling for 3 of the units and the other 2 have HVAC. The electric panels, furnaces and water heaters were updated when renovated. There is plenty of off-street parking. T12 (July 1, 2022 - June 30, 2023) expenses $10,315 so if fully rented the building would generate an annual net operating income of $45,605 which is an 8.8 % cap rate. Seller is a licensed real estate agent in the State of Missouri.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Type Off Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 97
Schools
Elementary Schools Mason Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only, Conventional, Exchange, Private
Listing Terms Cash Only, Conventional, Exchange, Private
Special Listing Condition Rehabbed, Renovated, None
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Bought with Jordan Schoen