$55,000

5863 Minerva Ave

St Louis MO, 63112

Description

DO THE MATH! THIS PROPERTY IS ALL ABOUT RETURN ON INVESTMENT. Motivated Seller has drastically reduced this property for a quick sale. Originally a two family, this building has been converted to a four family with efficiency apartments. Each unit has a kitchen, bath and all purpose room. 100% occupancy. All tenants are long term and pay $500 per month. Owner pays all utilities. Property is being sold in its as is current condition. Seller to do no inspections or repairs of any kind. Recent Building Inspection is provided. Please do not disturb tenants. Serious buyers only. Please call listing agent for details on building. No showings without accepted contract, proof of funds and acknowledgement that buyers have reviewed the inspection and are satisfied with the condition of the property.

Details

MLS#19037540
Sub-TypeResale
StatusActive
Year1906
Days On Site108

Features

SQ Feet1,952
Units1
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:
$55,000
low | high
Med:
$130,000
86.363636363636% of Average
SqFt:
1,952
low | high
Med:
480
100% of Average
$ / SqFt:
$28
low | high
Med:
$68
90.303030303029% of Average
On Site:
108
low | high
Med:
23
100% of Average
Listing Updated: 09/14/2019
MLS Number: 19037540
Listing Provided By:
Terry Gannon  of  RE MAX Results