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.
Virtual Tours for 5101 Kingshighway Boulevard St Louis, MO
Lot & Building Features
ConstructionBrick
CoolingGas
Heat SourceElectric, Steam
HeatingForced Air
Parking DescriptionOn Street
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions50x125x51x125 ft
Community and Schools
Elementary SchoolBuder Elem.
Junior High SchoolLong Middle Community Ed. Center
Senior High SchoolRoosevelt High
Price History of 5101 Kingshighway Boulevard, St Louis, MO
Date
Name
Price
Difference
05/22/2024
Listing Price
$1,650,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
5101 Kingshighway Boulevard (MLS #24032581) is a multi-family listing located in St Louis, MO.
This multi-family listing is on a lot of 3,389 sqft (or 0.08 acres) and is 96 years old. This property was listed on 05/22/2024 and has been priced for sale at $1,650,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Invest St. Louis
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