Active
$895,000
5001 Grand Boulevard
St Louis, MO 63111 · MLS#: 26023306
Listing brokerage: Salient Realty Group, LLC · 314-374-3687 · Agent: Matt Millslagle
Beds
0
Baths
—
Sq Ft
14,000
Built
1930
Type
5 Family or More
About this home
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.
Property details
- County
- St Louis City
- Subdivision
- Tacoma Add
- Lot size
- 0.17 acres
- Days on market
- 66
- Annual taxes
- $6,581
- Heating
- Baseboard
- Cooling
- Wall/Window Unit(s)
- Style
- Apartment Style
Schools
- School district
- St. Louis City
- Elementary
- Woodward Elem.
- Middle
- Lyon-Blow Middle
- High
- Roosevelt High
Location
Listing courtesy of Salient Realty Group, LLC · MLS#: 26023306. Data provided by MARIS MLS; deemed reliable but not guaranteed.