Under Contract

1068 Sutter Avenue

St Louis MO, 63130

$475,000


$80.13 per sqft

Under Contract

5,928 sqft

Commercial

Built in 1959

GREAT opportunity to own a 10 unit complex close to the Delmar Loop! Nicely Newly Renovated - Updates include new plan flooring throughout, an open living and dining room, master bedroom suite that offers a full bathroom with both new tub and vanity. The kitchen has an electric stove top, fridge and a decent size eat-in area. Washer and dryer connections. Close to public transportation. Decision was made to offer rent specials to fill vacancies before end of the year. Regular rent rate $650. (Pro-Forma $650 x 10 = $6500 a month!) Newer leases reimburse for sewer, can do same for water & trash. These units are super easy to rent and run! All the heavy lifting has already been down. One unit needs some work. One unit in middle of a turnover which will be completed by closing. Some leases need renewal. This is a great money-maker and with so much upside within EASY reach. Compare ROI in this price range! This is the ONE! Selling Largely As-Is

24014073

MLS ID

March 30, 2024

Updated

Map

1068 Sutter Avenue
St Louis MO, 63130

Interior Features

Laundry Description

Lndry Connect all Un


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.18 Acres


Sewer

Public Sewer

School Information

School District

Normandy


High School

Normandy High


Elementary School

Washington Elem.

Other Property Details

Area Name

University City


Taxes

$794


Tax Frequency

Annually


Days on Market

20


Garage

No


Parking

On Street


View

No


County

St Louis


Municipality

Wellston


Water Source

Public


Pool

No


Buyer Agency Compensation

2.7%

Listing History

Date

Event

Price

3/30/2024

Under Contract

3/25/2024

Active

3/12/2024

Under Contract

Courtesy of Provident Property Management, Kelley S Hoffman

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