5001 S Grand BLVD, St Louis, MO 63111
5001 S Grand BLVD, St Louis, MO 63111
5001 S Grand BLVD, St Louis, MO 63111
Additional details
Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125
$895,000
Est. payment /mo
14,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 14,000 sqft

Price per Sqft $63

Subdivision Tacoma Add

MLS Listing ID 26023306

Style Apartment Style

Year Built 1930

Annual Tax Amount $6,581

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 5 Family or More

Property Description

Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace N

Exterior

View Y/N No

Building

Structure Type Brick

Schools

Elementary Schools Woodward Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Matt Millslagle • Salient Realty Group, LLC

Nearby School & Business

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Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

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