Rock Island Realty

Apartment Style

5001 S Grand Boulevard

St Louis, MO 63111

MLS#: 26023306

$895,000

Status: Active
Listing number: 26023306
Listing provided by: Salient Realty Group, LLC
Listing agent phone: None
Last update: 10 days ago
On site: 2 months ago
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Tacoma Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

14,000

Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.17

  • Lot Size(square feet)

    7405.2

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Apartment Style

Price

  • Sales Price

    $895,000

  • Tax Amount

    $6,581

  • Sq. Footage

    14, 000

  • Price/SqFt

    $63

HOA

  • Association

    No

School District

  • Elementary School

    Woodward Elem.

  • Middle School

    Lyon-Blow Middle

  • High School

    Roosevelt High

Property Features

  • New Construction

    NO

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Location

County

St Louis City

Elementary School

Woodward Elem.

Middle School

Lyon-Blow Middle

High School

Roosevelt High

Listing Courtesy of Matt Millslagle , Salient Realty Group, LLC

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Agent Greg Tolbert

Agent / Realtor®

Greg Tolbert

Call Greg today to schedule a private showing.

(573) 280-1219

greg@homeatthelake.com


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Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.

5001 S Grand Boulevard

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