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

13,869 sqft
$1,650,000
$1,650,000
5101 S Kingshighway Boulevard, St Louis, MO 63109
13,869 sqft
$1,650,000
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Price:
$1,650,000

Type Multi-Family
Square Footage 13,869 sqft
Lot Size 0.08 acres
Year Built 1928
Taxes Paid $5,897

City St Louis
County St Louis City
School District St. Louis City
Subdivision Haydens Blvd Heights Add

MLS 24032581
Status Pending
DOM 14 days
Well-maintained apartment complex in the South Hampton neighborhood. The seller has recently completed adding some central heating systems which will reduce heating costs, increase rent potential in the future, and add value to the building. Built in 1928, the building has beautiful architectural detail including some terrazzo floors. There is a value-add component with many rents below market. Nearby similar 1-bed apartments are renting for as much as $995. Owner has raised rents of some non-updated units. 9 units have been recently updated and 1 has been partially updated. The owner now charges $40 to new tenants or renewals for internet. Some units have not been charged for internet yet. There is also income from the common laundry. Building has updated electric panels and exterior service. Storage units are available for tenants. Potential to add more storage. There is some pvc and pex plumbing being added to renovated units. There are 3 commercial spaces rented on the first floor.

Virtual Tours for 5101 Kingshighway Boulevard St Louis, MO

Lot & Building Features

Construction Brick
Cooling Gas
Heat Source Electric, Steam
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2023
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
05/22/2024 Listing Price $1,650,000 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
Photo of Wayne Failoni
Direct: 314-772-8407
Office
2242 Thurman Ave
Saint Louis, MO 63110
314-772-8407
Listed by Invest St. Louis, Jordan Schoen
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5101 Kingshighway Boulevard (MLS #24032581) is a multi-family listing located in St Louis, MO. This multi-family listing is on a lot of 3,389 sqft (or 0.08 acres) and is 96 years old. This property was listed on 05/22/2024 and has been priced for sale at $1,650,000.

Nearby zip codes are 63110, 63111, 63116, 63123 and 63139. This property neighbors other cities such as Affton.

Maris

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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Invest St. Louis

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