Welcome to 5300 Maple Ave.: 2 buildings comprised of 18 units: 12 (2 Bedroom units), 4 multi-level town homes (2 bedroom units), 2 (1 bedroom units). Property has been receiving upgrades since acquisition: a newer roof less than 5 years old including the flat roof; 3 new decks (2 in back and 1 in middle); wooden fence in rear; metal fence in front; and many new systems in place. 14 units having been revamped and refreshed. Building features a basement utilized as an office and storage that could provide supplemental coin laundry income. The property is on a quiet dead-end street less than a mile from Forest Park golf course and the famous mansions on Lindell Blvd. Washington University is also nearby. This stabilized property with the tax rate of Saint Louis generates enough income to set it apart from any other multi-family buildings on the market. A realistic pro-forma suggests over a 10% cap if you increase the below market rents. This is an excellent opportunity!
Lot & Building Features
ConstructionBrick
CoolingElectric
Heat SourceElectric
HeatingForced Air
Parking DescriptionOn Street
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions133x120 ft
Community and Schools
Elementary SchoolHamilton Elem. Community Ed.
Junior High SchoolYeatman-Liddell Middle School
Senior High SchoolSumner High
Price History of 5300 Maple Avenue, St Louis, MO
Date
Name
Price
Difference
08/20/2024
Price Adjustment
$1,650,000
2.94%
07/08/2024
Listing Price
$1,700,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
166 Clarkson Executive Park Ellisville, MO 63011 314-699-4991
Listed by Elevate Realty, LLC, Brian Combs
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0.49490909090909%
6.75%
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Monthly HOA
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5300 Maple Avenue (MLS #24041954) is a multi-family listing located in St Louis, MO.
This multi-family listing is 15,840 sqft and on a lot of 15,838 sqft (or 0.36 acres) and is 116 years old. This property was listed on 07/08/2024 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.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Elevate Realty, LLC
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