6048 Washington
St Louis, MO 63112

Description

Recently renovated 4 family walking distance to Wash U, Forest Park and The Loop. Renovation included all new kitchens with high end cabinets, granite counter tops, stainless steel appliances, in unit laundry. Units have all new updated baths, new flooring, all new windows, new updated electric including ext electric service, central air. There is a large detached four car brick garage. There are two 2 bed 2 bath units and two 2 bed 1 bath units were all recently rented to Wash U grad students for $1,295,$1,295,$1,295 and $1,195. Units not leased at ideal times but leases expire at ideal times, rents could be raised to $1,395 for the 2 bed 2 baths and $1,295 for the 2 bed 1 baths when the leases expire. Half of garage rented for $150/month. Total rent can be raised additional $6,600 annually. Currently priced at a 7% cap with ability to raise to 8% cap. A 6 family at 6275 Enright just sold for $1,150,000 ($191,660 a unit) and a 2 family at 6030 Washington for $357,500 ($178,750 a unit)

Details

MLS#18091764
Sub-TypeResale
StatusPending - Show
Year1923
Days On Site113

Features

SQ Feet4,012
Units4
Building(s)1

Market Activity 63112

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63112
AreaCentral West
Listing VS Median (in 63112)
Price:
$675,000
low | high
Med:
$166,700
100% of Average
SqFt:
4,012
low | high
Med:
3,680
58.287637088734% of Average
$ / SqFt:
$168
low | high
Med:
$74
100% of Average
On Site:
113
low | high
Med:
86
100% of Average
Listing Updated: 03/22/2019
MLS Number: 18091764
Listing Provided By:
Jordan Schoen  of  Invest St. Louis