Price Range: From to

Compare Listings

Spacious 6-Unit Turn-key in Carondelet Neighborhood

7102 pennsylvania 63111
$324,900

Description

Massive 6 family in the beautifully historic Carondelet neighborhood. This building was gut-renovated from top to bottom about 8 years ago: exterior (windows, tuckpointing, parking lot, etc.), mechanicals (electric, plumbing, HVAC), and the floorplan of each unit was redesigned for modern living. Each unit features an updated kitchen with breakfast bar, living room, full bath, 2 bedrooms, vaulted ceilings, and in-unit laundry. There are 2 units on each of the 3 floors rented from $600-$650 per month with a 3rd floor unit held vacant for showings. Out back there is a large, gated parking lot with ample spaces for everyone. This property boasts a low tenant turnover rate and is easy to rent, which may indicate there is room to raise the rents. Great access to highways, shopping, highly-rated restaurants, YMCA, Carondelet Park, and walking trail. At rents and expenses CAP rate is 10.3% and at conservative pro forma rents and expenses we project a 11.45% CAP rate; see attached supplement.

Sub Listings

Title Property Type Price Beds Baths Property Size Availability Date

1N

$650 / mo 2 1 Sqft

1S

$600 / mo 2 1 Sqft

2N

$650 / mo 2 1 Sqft

2S

$650 / mo 2 1 Sqft

3N

$650 / mo 2 1 Sqft

Detail

Updated on June 4, 2020 at 2:41 pm

  • Property ID: 20001451
  • Price: $324,900
  • Property Size: 8000 Sqft
  • Land Area: 9806 Sqft
  • Bedrooms: 12
  • Bathrooms: 6
  • Year Built: 1892
  • Property Type: Multi-Family 5+
  • Property Status: For Sale
  • Rooms: 20+
  • Units: 6
  • Address: 7102 Pennsylvania
  • City: St. Louis
  • State/county: Missouri, St. Louis City
  • Zip/Postal Code: 63111
  • Neighborhood: Carondelet
  • Country: United States

Contact info

Riley Casper
Riley Casper
314.222.078013143916638
Facebook Twitter

Enquire about this property










Similar Properties

$79,900

Cute Single Family in Boulevard Heights!

4715 Primm St, St. Louis, MO 63116, USA

Beds: 2Bath: 1Sqft: 796

Single Family

$79,900

Beds: 2Bath: 1Sqft: 796

Single Family

$192,000

Linden Heights Townhome in Southwest Garden Neighborhood!

3157 Carrsville Ct, St. Louis, MO 63139, USA

Beds: 3Baths: 3Sqft: 1173

Condo, Single Family

$192,000

Beds: 3Baths: 3Sqft: 1173

Condo, Single Family