USAMOSt LouisSeevers Clifton Add6201 Arsenal Street

6201 Arsenal Street, St Louis, MO

Name: 6201 Arsenal Street, For Sale in St Louis - Zoocasa
Brand: Invest St. Louis
SKU: 26048678
Price: 2350000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,350,000

000

MLS® 26048678

Overview

Key Facts

Type

Levels Residential Income

Size 9600 sqft

Garage

Taxes $20,813

Days Active 1

Lot Size 0.0946 Acres

Approx. Age 1927

Avg. Price Per Sqft $244

MLS® Number 26048678

Property Address: 6201 Arsenal Street, St Louis, MO, 63139

Average square foot calculated using Size range provided by listing agent.

Description

6201 Arsenal Street is a fully renovated 13-unit multi family property in St. Louis' 63139 corridor, located near the The Hill, The Clayton Central Business District, Forest Park, The Botanical Gardens, with easy access to highway 40 and 44. The property consists of twelve one-bedroom/one-bath apartments and one larger one-bedroom/one-and-one-half-bath residence. Originally developed with mixed-use space, the property was comprehensively renovated and three former commercial spaces were converted into apartments. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; refinished common areas and basements; renovated kitchens and bathrooms; new appliances and fixtures; modernized layouts; and AT&T Fiber infrastructure to every unit. Current base rent is $15, 855 per month. All one-bedroom/one-bath apartments renting below $1, 250 can be raised to the in place rent for similar apartments at $1, 250, producing pro forma base rent of $17, 015 per month, creating a measurable path to NOI growth. This property can be purchased with 6008 Southwest Ave. 63139, which was also fully renovated, located a few blocks from the property.

MLS® Number26048678

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1927

BasementFull

DrivewayOff Street

Garage Spaces

Heat

A/CCentral Air

Extras

Map

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