307 Sigsbee Ave, St. Louis, MO 63125, USA
Triangle 1 Created with Sketch. For Sale Triangle 1 Created with Sketch. $399,000 - Apartment Building
307 Sigsbee Ave, 63125 7800 14 Bedrooms 8 Bathrooms 1961 Year Built

This is an 8-unit apartment building in the Mehlville school district. The 7800 sq. ft. all brick building was built in 1961. It is in a great high traffic location. The building has 6 large two bedroom and 1 bath units and 2 one bedroom and one-bath units. Each 2 bedroom unit rents for $600 a month, 5 of the 6 units have been recently updated. The two one-bedroom units have been vacant for a number of years and need a full rehab. There are 6 parking spaces located in the front of the property. There is forced heat and central air. The building has ceramic and hardwood flooring and thermal windows.

EXPENSES
insurance $ 3,240
repairs $ 2,887
taxes $ 3,770
utilities – sewer $ 1,464
utilities – water $ 1,332
utilities – trash $ 1,632
Total $ 14,325

 

Paying buyers agents 2.50%

 

CONTACT:

Mike Shepherd

mike@investinstlouis.com

314-662-6453

Invest St. Louis

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