5101 South Kingshighway Boulevard
5101 South Kingshighway Boulevard
$1,650,000
—
13,869
13,869
$119
Pending
Description
Well-maintained apartment complex in the South Hampton neighborhood. The seller has recently completed adding some central heating systems which will reduce heating costs, increase rent potential in the future, and add value to the building. Built in 1928, the building has beautiful architectural detail including some terrazzo floors. There is a value-add component with many rents below market. Nearby similar 1-bed apartments are renting for as much as $995. Owner has raised rents of some non-updated...Well-maintained apartment complex in the South Hampton neighborhood. The seller has recently completed adding some central heating systems which will reduce heating costs, increase rent potential in the future, and add value to the building. Built in 1928, the building has beautiful architectural detail including some terrazzo floors. There is a value-add component with many rents below market. Nearby similar 1-bed apartments are renting for as much as $995. Owner has raised rents of some non-updated units. 9 units have been recently updated and 1 has been partially updated. The owner now charges $40 to new tenants or renewals for internet. Some units have not been charged for internet yet. There is also income from the common laundry. Building has updated electric panels and exterior service. Storage units are available for tenants. Potential to add more storage. There is some pvc and pex plumbing being added to renovated units. There are 3 commercial spaces rented on the first floor.
- Listed by Jordan Schoen • Invest St. Louis
Property Details for 5101 South Kingshighway Boulevard
Cross Street
Itaska Street
Location
LISTING UPDATED: 06/05/2024 08:45 AM
Property Details for 5101 South Kingshighway Boulevard
Status | Pending |
---|---|
MLS # | 24032581 |
Days on Market | 14 |
Taxes | $5,897 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi-Family 5+ |
Year Built | 1928 |
Lot Size | 0.08 AC / 3,389 SF |
County | St. Louis |
Location
Building Information for 5101 South Kingshighway Boulevard
Stories-Residences19Year Built1928Building Size-Lot Size0.08 AC / 3,389 SF
Payment Calculator
$9,496 per month
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Property Information for 5101 South Kingshighway Boulevard
Property History for 5101 South Kingshighway Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5101 South Kingshighway Boulevard
This home is within St. Louis City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Buder Elementary School PublicPK to 5 | ||
Long Middle Community Ed. Center Public6 to 8 | ||
Roosevelt High School Public9 to 12 | ||
Kennard/Classical Jr. Academy PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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