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6609 Clayton Road

Clayton, MO 63117
  • $975,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 24021167
UPDATED: 155 min ago
$975,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,864
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,545, $1,545, $1,495, & $1,500. Market rents for the area are approximately $1,975/mo for updated two bedroom units.

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-05-20T23:40:19.19.

The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
www.beckyoneill.com/homes/149295158
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6609 Clayton Road Clayton, MO 63117

  • Price: $975,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 155 min ago
  • ID#: 24021167
0
Beds
0
Baths
0
½ Baths
0.15
Acres
4,864
SQFT
$200
$/SQFT
1930
Built
Neighborhood:
DeMun
County:
St Louis
Area:
Clayton
Elementary School:
Ralph M. Captain Elem.
Middle School:
Wydown Middle
High School:
Clayton High
School District:
Clayton
Property Description
Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,545, $1,545, $1,495, & $1,500. Market rents for the area are approximately $1,975/mo for updated two bedroom units.
Exterior Features

Attached Garage YN No Construction Materials Brick Driveway Asphalt Lot Size Dimensions 50 x 130 Lot Size Source County Records Parking Features Off Street

Interior Features

Above Grade Finished Area Source Public Records Appliances Some Dishwasher(s)Some Microwave(s)Some Refrigerator(s)Some Range Oven(s)Some Shower Bath(s)Washer/Dryer Cooling Electric Heat Source ElectricGas Heating Forced Air Heating YN Yes

Property Features

Association St. Louis Association of REALTORS Association Fee Frequency None Building Description Apt/InteriorEntrance Cable Available Yes Current Financing Cash OnlyConventional Disclosures UnknownSellers Discl Not Av Lease Term Leases Miscellaneous Basement Net Operating Income 39985 Operating Expense Includes ElectricityGasInsuranceWater/SewerTaxesTrashFixed Expenses Ownership Private Possession Close Of EscrowSubject to Tenant Rights Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 10046 Tax Year 2023 Tenant Pays ElectricityGas Transaction Type Sale Type Of Units 4-Family Water Source Public

Listing provided courtesy of Salient Realty Group, LLC: 3743687. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-05-20T23:40:19.19.

The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
 
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The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS
13208 Manchester Road
St. Louis MO, 63131