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6306 Page Avenue
St Louis, MO 63133
Listed: November 1, 2024 (20 days)
Text for showing or question.

$96,000
MLS# 24068859
Commercial Sale
Status: Under Contract

6306 Page Avenue
St Louis, MO 63133

$96,000
Status: Under Contract
Text for showing or question.

Bedrooms

Beds

0

Bathrooms

Bath

4650

Sq Ft Above Grade

Sq Ft

0.19
Acres

MLS# 24068859

Days On Market: 20

Listed: Friday November 1, 2024 (20 days)

Times this home has been viewed: 151

Solid brick building features six units, each with 2 bedrooms, 1 bath, eat-in kitchen, and living room. Slab foundation, front and rear entry. One unit suffered a fire so take care when showing - significant rehab will be required. Other units have smoke damage and will require haul out and rehab. Updated vinyl windows within the last few years, but some of them have been broken. Off-street parking behind the building. Rentometer shows nearby rent per sf at $1.15, $.93, and $.99 for an average of $1.0233 per sf; with each unit at 775 sf, pro forma rent would be $793.05 / month. $793 x 6 units 12 months = 57,096 per year, less 10% vacancy = $51,386. Expenses when occupied: Taxes - $3148. Insurance - $1800. Sewer - $1800. Water - $1200. Trash - $1440. Maintenance - $3000. Lawn $620. Total: 13,008.

Property Description

Solid brick building features six units, each with 2 bedrooms, 1 bath, eat-in kitchen, and living room. Slab foundation, front and rear entry. One unit suffered a fire so take care when showing - significant rehab will be required. Other units have smoke damage and will require haul out and rehab. Updated vinyl windows within the last few years, but some of them have been broken. Off-street parking behind the building. Rentometer shows nearby rent per sf at $1.15, $.93, and $.99 for an average of $1.0233 per sf; with each unit at 775 sf, pro forma rent would be $793.05 / month. $793 x 6 units 12 months = 57,096 per year, less 10% vacancy = $51,386. Expenses when occupied: Taxes - $3148. Insurance - $1800. Sewer - $1800. Water - $1200. Trash - $1440. Maintenance - $3000. Lawn $620. Total: 13,008.

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Brokered by Worth Clark Realty

800-991-6092
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Property Details

Above Grade Finished Sq Ft: 4,650

Area: Normandy

Association Frequency: None

Basement: No

Builder Model: Low/1-2

Carport: No

Cross Street: Skinker

Directions: GPS friendly.

Fireplace: No

Garage: No

Garage Attached: No

Heating: Yes

Lot Size Acres: 0.19

Lot Dimensions: 50 x 164

Property Type: Commercial Sale

Property Style: Multi-Family 5+

School District: Normandy

School Elementary: Barack Obama Elementary School

School Middle: Normandy Middle

School High School: Normandy High

Subdivision: Watsons Fruit Hill

Tax Annual: $3,196

Tax Description: WATSON'S FRUIT HILL LOT 2 BLOCK 7

Tax Year: 2023

Township: Wellston

Year Built: 1960

Map

38.671531,-90.294268

Worth Clark Realty: 314-266-5211

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