Multi-Family for Sale: 5339 Pershing Avenue, St Louis, MO 63112 SOLD

5,940 sqft
5339 Pershing Avenue, St Louis, MO 63112 SOLD
5,940 sqft
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Selling Price: $850,000
Original List Price: $895,000
Sold at 95.0% of list price
Sold Date: 07/19/2021

Type: Multi-Family
Square Feet: 5,940 sqft
Lot Size: 0.19 acres
Year Built: 1912
Taxes Paid: $7,283

Area: St Louis
County: St Louis City
School District: St. Louis City
Subdivision: Kingsbury Place

MLS: 21028799
Status: Closed
DOM: 68 days
Beautiful 6 unit building situated on a wide tree-lined street in DeBaliviere Neighborhood. Convenient location to the city, quick access to highways and steps away from Forest Park. Excellent opportunity for owner occupant or investor looking for a low risk investment. Quality building with 3 two-bedroom one bath units with extra office room and 3 units with one-bedroom one bath units with private decks off living room. See attachment showing the 2 floor plans. Each large and well-designed unit has all electric HVAC, electric water heater, wood burning fireplace and in unit washer and dryer. Four of the units have plank flooring and newer appliances. Renovated common halls freshly painted with new carpeting. Building has newer PVC plumbing and electric. Extra large back yard, private off-street parking. Roof 5 years old. Great investment with a competitive 5.77% cap rate. Rents for 4 of the units have not been raised in 9 years. If rents are raised to market rent, cap rate is 8.80%

Lot & Building Features

Construction: Brick/Stone Msn Pred
Cooling: Central-Electric
Heat Source: Electric
Heating: Forced Air
Parking Description: 1 Space/Unit, Parking Lot, On Street Parking
Sewer: Public
Tax ID: 3877-00-0406-0
Taxes Paid: $7,283
Water: Public
Water Heater: Electric
Lot Dimensions: 50x170 ft

Community and Schools

Elementary School: Ford-Ford Br. Elem. Comm. Ed.
Junior High School: Langston Middle
Senior High School: Sumner High

Price History of 5339 Pershing Avenue, St Louis, MO

Date Name Price Difference
06/18/2021 Price Adjustment $850,000 5.03%
05/12/2021 Listing Price $895,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5339 Pershing Avenue, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Photo of Asher Kerr
Direct: 314-962-1100
107 W Lockwood Ave
Saint Louis, MO 63119
Listed by Berkshire Hathaway Advantage, David Voges
Sold by Circa Properties, Megan Rosenkoetter
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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: Berkshire Hathaway HomeServices Advantage, REALTORS

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