Sold

6200 Hoffman

St Louis MO, 63139

N/A


Sold

3,584 sqft

Multi-family

Built in 1926

All electric building generating $4,650 a month with low costs! Completely renovated 4 family with bonus apartment in the basement in the desirable 63139 zip code. All units were recently updated and construction was completed in 2020 when the basement unit was added. Units feature modern kitchens with updated cabinets, stainless steel appliances, in-unit laundry for all units with appliances included, new flooring, lighting and fans. Bathrooms are updated throughout with new vanities, toilets, flooring, shower systems. There are recently added mini-split heating and cooling for 3 of the units and the other 2 have HVAC. The electric panels, furnaces and water heaters were updated when renovated. There is plenty of off-street parking. T12 (July 1, 2022 - June 30, 2023) expenses $10,315 so if fully rented the building would generate an annual net operating income of $45,605 which is an 8.8 % cap rate. Seller is a licensed real estate agent in the State of Missouri.

23047098

MLS ID

August 7, 2023

Listed

November 22, 2024

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.24 Acres


Sewer

Public Sewer

School Information

School District

St. Louis City


High School

Roosevelt High


Elementary School

Mason Elem.

Other Property Details

Area Name

South City


Taxes

$2,374


Tax Frequency

Annually


Days on Market

77


Garage

No


Parking

Off Street


View

No


County

St Louis City


Municipality

St. Louis City


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/23/2023

Price change

$510,000

-2%

10/23/2023

Sold

9/3/2023

Under contract

Courtesy of Invest St. Louis, Daniel Hartzke

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cheri Norton Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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