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listing
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CommercialFor Sale
$96,000
6306 Page Avenue
St Louis, MO 63133
Courtesy of Worth Clark Realty
MLS: Mid America Regional MLS (MARIS)
Est. Mortgage
$596/mo

Solid brick building features six units, each with 2 bedrooms, 1 bath, eat-in kitchen, and living room. Slab foundation, front and rear entry. One unit suffered a fire so take care when showing - significant rehab will be required. Other units have smoke damage and will require haul out and rehab. Updated vinyl windows within the last few years, but some of them have been broken. Off-street parking behind the building. Rentometer shows nearby rent per sf at $1.15, $.93, and $.99 for an average of $1.0233 per sf; with each unit at 775 sf, pro forma rent would be $793.05 / month. $793 x 6 units 12 months = 57,096 per year, less 10% vacancy = $51,386. Expenses when occupied: Taxes - $3148. Insurance - $1800. Sewer - $1800. Water - $1200. Trash - $1440. Maintenance - $3000. Lawn $620. Total: 13,008.

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Information courtesy of Worth Clark Realty is subject to verification and is not guaranteed.
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