3521 Utah St 3521-3525 Utah - Apartments FOR SALE


Saint Louis, MO 63116- Tower Grove East
$925,000 USD
314-451-7471
3521 Utah St 3521-3525 Utah, Saint Louis, MO for Sale
$925,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

3521 Utah St 3521-3525 Utah
Saint Louis, MO 63116
Tower Grove East


HIGHLIGHTS

  • Freshly renovated building completed in 2022
  • Updated electric/plumbing/HVAC
  • Proven concept to bump rents to $1,395
  • Walkable to South Grand business district & Tower Grove Park
  • Off-street parking
  • Great Opportunity for Short Term Rentals w/ Proximity to SLU Medical

OVERVIEW

Salient is pleased to present this opportunity to own a fully updated, 6-family in the heart of Tower Grove East. The property consists of 6, 2 bed/1 bath units with off-street parking and a fenced in backyard. Units have been completely updated throughout with high end finishes, new kitchens with new stainless steel appliances, in unit washer/dryer and central heating and cooling. Plumbing and electric have also been updated. Rents are below market with a proven concept of achieving $1,395/mo.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

6

PRICE/UNIT

$154,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

B

APN/PARCEL ID

1489-00-0210-0

ASK ABOUT THIS PROPERTY

Garen LafserSalient Realty Group LLCMore Info
314-451-7471

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Garen LafserSalient Realty Group LLCMore Info
314-451-7471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.