Address
7701 Virginia Avenue St Louis, MO
Price
$ 535,000
Property Attributes
  • MLS#21076100
  • TypePending
  • CountyST LOUIS CITY
  • CitySt Louis
  • AreaSouth City
  • NeighborhoodCarondelet City Bl 3111
  • Zip63111
  • Style
  • Year Built1893
  • Taxes$ 4625
  • Price$ 535,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11188
  • Lot Size7,013 SqFt
Listing Provided Courtesy Of:
St. Louis Home Brokers
Data Source:
Mid America Regional Information Systems (MARIS) - 71 - MO
Property Description

Amazing location & historically significant building w/ extra lot (7707 Virginia) included. Cash flow from day one w/ this 12 unit building in the hot "Patch" neighborhood at over a 10% Cap rate. This 2-story brick building once housed a local bakery & confectionery before being converted to residential use. There are (10) 1-bedrm units & (2) 2-bedrm units, dry basement w/ storage lockers & a huge shed currently used for storage & work shop but could easily be converted to more tenant storage or on-site laundry. All units have circuit breakers & forced air gas heat - all individually metered. Renewable silicone roof is less than 5 yrs old & shed roof is less than 2 years old, both with 10 year warranties @ install. Updates include tuck pointing, roof, (6) water heaters & interior updates. In the last 10 years - wood decks & vinyl windows. Owners have spent the last 5 years improving the property & placing solid tenants. This property is truly turn key!

Elementary School Middle School High School
Woerner Elem. Lyon-Blow Middle Roosevelt High
Price History
10/25/2021 Listed $535,000

General Features

Association Amenities Some Balc/Some Terrc
Attached Garage No
City St Louis
Construction Materials Brick
Cooling Window Unit(s)
County St Louis City
Days on Market 1
Directions Highway 55 to Loughborough exit and go east, turn south on Virginia. Building is on the corner of Virginia and Schirmer
Disclosures Unknown, Agent Owned, City, Code Compliance Reqd, Flood Plain No, Sellers Discl. Avail
Elementary School Woerner Elem.
Heating Forced Air, Individual Furnaces
High School Roosevelt High
High School District St. Louis City
Lot Size Square Feet 7013
MLS Area South City
Middle/Junior High School Lyon-Blow Middle
Neighborhood Patch
Net Operating Income 53821
Ok to Lease Leases
Ownership Type Private
Possession Close Of Escrow
Property SubType Multi-Family 5+
Property Type Commercial Sale
Sewer Public Sewer
Showing Instructions By Appointment Only, Call Listing Agent, Do Not Disturb Ten's, Listg Agt Accompany
Standard Status Pending
Street Name Virginia
Subdivision Name Carondelet City Bl 3111
Tax Annual Amount 4625
Tax Year 2020
Tenant Pays Cable TV, Electricity, Gas
Total Units 12
Township St. Louis City
Year Built 1893

Interior Features

Above Grade Finished Area 11188
Above Grade Finished Area Source Public Records
Heating Y/N Yes
Laundry Features No Laundry Facil.
Street Suffix Avenue

Exterior Features

Builder Model Low/1-2
Inclusions Building & Land
Lot Dimensions 75x140
Lot Size Acres 0.161
Lot Size Source County Records
Parking Features On Street
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 63111

Price
AVG $150K
$540K
Taxes
AVG $1,187
$4,625
Visits
AVG 22
5
Year Built
AVG 1915
1893
Walkscore
AVG 65
80
Data Provided by Walkscore ® not using MLS data