Multi-Family for Sale: 5101 S Kingshighway Boulevard, St Louis, MO 63109
5101 S Kingshighway Boulevard, St Louis, MO 63109
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Est. payment: Skip to Mortgage Calculator
Lot Size: 0.08 acres
Year Built: 1928
Assoc Fee Paid: None
City: St Louis
County: St Louis City
School District: St. Louis City
Subdivision: Haydens Blvd Heights Add
DOM: 38 days
Well-maintained apartment complex located in the South Hampton neighborhood, across the street from Christy Park and a half mile from a $72M apartment development that has broken ground. Built in 1928, this building has beautiful architectural detail along with with terrazzo floors in the common areas. There is a value-add component to the property with many rents below market. Owner has raised rents of some original units to $850 a month. 3 units have been updated with one in process, updated units rent from $895 to $920. 1 bedroom apartments nearby are renting for as much as $995. Several units with low rents can be raised as-is with a lease renewal or new tenant. If all rents were raised to the top rents in the building it would generate an additional $59,700 annually. Building has updated electric panels and exterior service, storage units for tenants, some pvc plumbing. Seller currently provides heat through a boiler system. There are 3 commercial spaces rented on the first floor.
Lot & Building Features
Assoc Fee Paid: None
Cooling: Window Unit(s)
Heat Source: Electric, Steam
Parking Description: On Street
Sewer: Public Sewer
Tax Year: 2022
Taxes Paid: $6,113
Lot Dimensions: 50x125x51x125 ft
Community and Schools
Elementary School: Buder Elem.
Junior High School: Long Middle Community Ed. Center
Senior High School: Roosevelt High
Price History of 5101 Kingshighway Boulevard, St Louis, MO
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
5101 Kingshighway Boulevard, St Louis, MO
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Listed by Invest St. Louis, Jordan Schoen
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