Multi-Family for Sale: 5101 S Kingshighway Boulevard, St Louis, MO 63109

5101 S Kingshighway Boulevard, St Louis, MO 63109
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Type: Multi-Family
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

MLS: 23020063
Status: Active
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
Construction: Brick
Cooling: Window Unit(s)
Heat Source: Electric, Steam
Heating: None
Parking Description: On Street
Sewer: Public Sewer
Tax Year: 2022
Taxes Paid: $6,113
Water: Public
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

Date Name Price Difference
04/19/2023 Listing Price $1,695,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5101 Kingshighway Boulevard, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Photo of Loren Jenks
Direct: 314-308-3069
2242 Thurman Ave
Saint Louis, MO 63110
Listed by Invest St. Louis, Jordan Schoen
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Invest St. Louis

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