Compare Listings

Multifamily For Sale

5096 Minerva Avenue, St Louis, Missouri 63113

$350,000
0 Bedrooms
0 Bathrooms
19,716 Sqft
Listing ID #19070208
Property Description

l3 unit apartment complex (brick) in North St. Louis City. 6-3 bedroom1 bath apartments, 2-2 bedroom 1 bath apartments, l-2 bedroom 1 bath townhouse, and 4-1 bedroom 1 bath apartments. The 3 bedrooms rent for $800-$825, 2 bedrooms rent for $600-$750 per month , and the 1 bedrooms rent from $550-$625 per month. The annual gross revenue is in excess of $112,000 at full occupancy. Current occupancy is 70 percent with 4 units that are rent ready. The 2018 annual real estate taxes was approximately $3,000, owner paid utilities in 2018 was approx $3,607.15 Water-Trash 2018 $2,945.40 Sewer 2018. The property/liability insurance with a $550.000 Replacement Cost limit with a $10,000 deductible is approximately $2,900. The prospective buyer needs to have good credit, have pre-approved financing, a line of credit and/or cash for a transaction of this size. A Proof of Funds letter will be required prior to investing the time of scheduling walk throughs of the property for potential Sale Contract.

Basic Details
Property Type : Multifamily
Listing ID : 19070208
ListingStatus : Pending
Price : $350,000
Bedrooms : 0
Bathrooms : 0
Square Footage : 19,716 Sqft
Year Built : 1909
Lot Area : 0.20 Acre
Tax Year : 2018
Tax Amount : $3,045
Property Type : Apartment
PropertySubType : Apartment Complex
Address Info
Click Here!
5096 Minerva Avenue
US
MO
St Louis City
St Louis
Lucas & Hunt Add
63113
W91° 44' 2.7''
N38° 39' 39.9''
School Information
St. Louis City,St. Louis City,St. Louis City,St. L
Hamilton Elem. Community Ed.,Sumner High,Yeatman-Liddell Middle School
Agent Info
Listing
Lauralei Properties, LLC
Laura
Ludwig
Broker Info
Lauralei Properties, llc
(314) 503-1186
saint louis
MO
Copyright © 2019 MARIS. All rights reserved.

Mortgage Calculator

$
$
%
icon inspector
Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Contact Agent
Agent Info
Search

Mortgage Calculator

$
$
%
icon inspector
Amount Financed:
Mortgage Payments:
Annual cost of Loan: