Ignite FB Tracking Pixel5931 Maple Avenue, St Louis, MO 63112 - The Roy Group

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listing
1 of 26
CommercialFor Sale
$1,450,000
5931 Maple Avenue
St Louis, MO 63112
Courtesy of Worth Clark Realty
MLS: Mid America Regional MLS (MARIS)
Est. Mortgage
$7,585/mo

This fully renovated building has 6 attractive units perfect for families and students, close to Delmar Loop, Wash U., highways, hospitals, major employers. Building has been updated with extensive exterior work and interior gut rehab - top to bottom. Each spacious unit features a living room, dining nook, kitchen w/stainless steel app., primary bedroom suite, one additional legal bedroom, and a bonus room w/o window used for extra sleeping area/office (has a cut-out that could be opened to make it a legal bedroom), two full baths, in-unit laundry, walk-in closets, 14-ft ceilings, bay windows. Security system for peace of mind. The unfinished, above-ground basement has space (w/windows) to add 2 more units, plus storage – two potential value add plays. See supplements for the extensive improvements made to the property since 2022; no outdated systems = low maintenance costs! Gross income is 119,100 (w $1725 for vacant unit) - 18,175 expenses = 100,925 NOI, a 6.96% cap at asking price.

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Information courtesy of Worth Clark Realty is subject to verification and is not guaranteed.
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