$950,000

6265 Gravois Ave

St Louis MO, 63116

Description

16 unit apartment complex for sale in Princeton Heights! Split between 2 buildings on 1 parcel with shared courtyard and dedicated off-street parking from the alley. Total of fourteen 1 bedroom, 1 bathroom units, and two 2 bed, 1 bath units. The property is professionally managed and currently at 75% occupancy. At full occupancy these buildings gross $108,240 annually. Most units have been updated with fresh paint, some new kitchen flooring, counter tops, cabinets and appliances. Amazing location with Aldi's a block away, a laundromat and Walgreens across the street, and Christi Park less than a 5 minute walk away.

Details

MLS#21005148
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site4

Features

SQ Feet12,508
Building(s)1

Market Activity 63116

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Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63116
AreaSouth City
Listing VS Median (in 63116)
Price:
$950,000
low | high
Med:
$179,500
100% of Average
SqFt:
12,508
low | high
Med:
3,716
100% of Average
$ / SqFt:
$76
low | high
Med:
$48
86.400600532547% of Average
On Site:
4
low | high
Med:
150
2.666666666667% of Average
Listing Updated: February 25, 2021 8:01:18 PM PST
Joe Hostman LogoMLS Number: 21005148
Listing Provided By:
Joe Hostman  of  RE MAX Results
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the St. Louis Association of REALTORS.