$170,000
$185,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
5509 Palm ST St Louis, MO 63120
3,360 SqFt
Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $50
Subdivision Mars Place Add
MLS Listing ID 24071881
Sold Date 01/14/25
Construction Status 101
Year Built 1924
Building Age 101
Lot Size 5,101 Sqft
Acres 0.1171
Lot Dimensions 63x81
Property Sub-Type Multi-Family 2-4
Property Description
**Incredible Investment Opportunity in St. Louis!** This 4-family building features an impressive cap rate and is perfect for savvy investors. Entire building has been updated to include new electric, new plumbing, new roof, plus tuckpointing. Three of the four units have been recently updated with modern finishes, ensuring strong rental appeal and immediate cash flow. One unit awaits your personal touch, providing a chance to increase value and rental income. Located in a desirable neighborhood with easy access to transportation, shopping, and dining, this property promises high demand from renters. Don't miss out on this fantastic investment opportunity—schedule your showing today
Location
State MO
County St Louis City
Area North
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace N
Appliance Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Smoke Alarm(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 101
Schools
Elementary Schools Cote Brilliante Elem.
Middle Schools Langston Middle
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, VA
Listing Terms Cash Only, Conventional, FHA, VA
Special Listing Condition None
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Bought with Faith Hampton