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    6200 Hoffman Avenue

    St Louis, MO 63139
    • $595,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 21002378
    UPDATED: 68 min ago
    $595,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,584
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:

    Description

    Completely renovated 5 family in Clifton Heights. All units were recently updated and construction was completed in 2020, the building was originally a 4 family and additional 5th unit was added in the basement. Units feature modern kitchens with updated cabinets, stainless steel appliances, in unit laundry with appliances, new flooring, lighting and fans. Bathrooms are updated throughout with new vanity's, 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 and there are PVC plumbing stacks. 4 out of the 5 units are currently leased- one unit is being left vacant to show. When fully rented this building generates $4,600 a month and $55,200 annually. Annual expenses $7,175 so if fully rented the building would generate an annual net operating income of $48,025 which is a 7.6 % cap rate. Sq ft does not include basement unit.

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-11T09:48:53.45.

    Parson Realty Group: 314-614-9731
    www.parsonrealtygroup.com/homes/113321630
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    6200 Hoffman Avenue St Louis, MO 63139

    • Price: $595,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: 21002378
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,584
    SQFT
    $166
    $/SQFT
    1924
    Built
    Neighborhood:
    Seevers Clifton Add
    County:
    St Louis City
    Area:
    South City
    Elementary School:
    Mason Elem.
    Middle School:
    Long Middle Community Ed. Center
    High School:
    Roosevelt High
    School District:
    St. Louis City
    Property Description
    Completely renovated 5 family in Clifton Heights. All units were recently updated and construction was completed in 2020, the building was originally a 4 family and additional 5th unit was added in the basement. Units feature modern kitchens with updated cabinets, stainless steel appliances, in unit laundry with appliances, new flooring, lighting and fans. Bathrooms are updated throughout with new vanity's, 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 and there are PVC plumbing stacks. 4 out of the 5 units are currently leased- one unit is being left vacant to show. When fully rented this building generates $4,600 a month and $55,200 annually. Annual expenses $7,175 so if fully rented the building would generate an annual net operating income of $48,025 which is a 7.6 % cap rate. Sq ft does not include basement unit.
    Exterior Features

    Building Style Low/1-2 Construction Brick Veneer Predom Location City Lot Dimensions 46 X 126 Parking Description On Street ParkingParking Lot

    Interior Features

    Cooling Central-Gas Heat Source Electric Heating Forced Air Laundry Prvt Laund All Units Water Heater Gas

    Property Features

    1 Bed Units 5 Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS BLDFIN Maintenance/RepairsUtilities Cable Available Yes Conditions Unknown Disclosures Sellers Discl. Avail Gross Operating Income 0.00 Lot Size Source County Records Net Income 0.00 Ownership Private Possession At Closing Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventionalExchangePrivate Sewer Public Special Description RehabbedRenovated Special Listing Conditions None Square Footage Source Owner Tax Year 2020 Taxes Paid 2255 Tenancy Type Leases Tenant Pays Cable Tv/SatelliteElectric Total Expenses 0.00 Transaction Type Sale Type Apt Bldg/Exterior En Water Public

    Listing provided courtesy of Invest St. Louis. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-11T09:48:53.45.

    Parson Realty Group: 314-614-9731
     
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    Parson Realty Group
    856 Waterbury Falls Dr Suite 200
    O'Fallon MO, 63368