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

13,869 sqft
$1,510,000
$1,510,000
5101 S Kingshighway Boulevard, St Louis, MO 63109 SOLD
13,869 sqft
$1,510,000
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Selling Price: $1,510,000
Original List Price: $1,650,000
Sold at 91.5% of list price
Sold Date: 08/21/2024

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

City St Louis
Area South City
County St Louis City
Subdivision Haydens Blvd Heights Add

MLS 24032581
Status Closed
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.

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

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 $1,510,000 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 Greg Ash
Greg Ash
REALTOR®
Direct: 314-565-8030
Office
830 Waterbury Falls Dr # 201
O'Fallon, MO 63368
636-442-0214
Listed by Invest St. Louis, Jordan Schoen
Sold by Keller Williams Realty STL, Rosalyn Luna
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20%
0.3905298013245%
6.75%
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Monthly Taxes
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Monthly Home Ins.
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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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